Halifax specialist machinery business secures FFE funding boost | Insider Media

A Halifax company specialising in rubber roller grinding and grooving machines has secured a six-figure loan from Finance For Enterprise (FFE).

Halifax Numerical Controls (HNC) was formed in 1998 and serves clients throughout the UK and worldwide from its workshop premises in West Yorkshire.

The funding from FFE is designed to aid working capital and future growth for the company.

Current large project orders in progress include two for Mid-West Innovators in the US and two for Hilzinger in Germany, and a third machine that is currently being built in Taiwan which will be shipped and commissioned in the US.

HNC has also recorded high demand for its machine from the renewable energy sector.

Managing director Mike Diskin said: "This investment will help us to continue innovating and transforming the roll production industry. Expanding the use of fully automatic machining of rolls means we can help manufacturers deliver a higher level of quality and consistency that is not dependent on operator skill.

"HNC’s range of automatic roll Builders, Grinders, Groovers, and Duplexer designs are the most advanced machines of their type in the world, and we are looking forward to future growth and the employment opportunities this will create locally."

Jeremy Meadowcroft, business lending manager from FFE, added: "HNC is a well-established, profitable business with an excellent reputation across the world. This additional working capital will fund organic growth and enable the company to fulfil the many contract orders in progress whilst also securing new projects and consultancy assignments."