SPP Pumps receives regional growth fund of £1.12 million

Site Director Ken Winn expressed his delight at the funding news saying: “We are thrilled to have received the allocation of funding. Of course we need to work through due diligence and other approvals, but this allows us to build a fantastic major pump R&D facility right here in Coleford. This will guarantee high skilled jobs in the area for years to come, ensure local employment growth and help position the UK economy for further export success. This funding will also help our business fulfil our objectives to be the Manufacturer of Pumps - for where it really matters.”

The state-of-the-art facility will offer SPP a higher rated power supply, eliminating the need for generator hire. A new packing and dispatch area with 2 x 25ft cranes will free up a further 60% of existing floor space to build more centrifugal pump solutions. A new paint spray booth is planned into the facility, and a higher capacity test well will offer improved capability, health and safety and efficiency for the company.

SPP Pumps is well respected within industry having recently won ‘Pump Manufacturer of the Year’ for two successive years at the British Pump Manufacturers Association (BPMA) awards in April 2013.

Ken continued by saying “The funding will help us to realise our vision for the new facility, giving us much more capacity, improving efficiency and reducing lead times - but most importantly will allow us to manufacture solutions that meet our customer specifications far more effectively.”

Adapted from press release by Joe Green

Read the article online at: https://www.hydrocarbonengineering.com/refining/08012015/spp-pumps-receives-regional-growth-fund-regional-growth-funding-81/