High Precision Wales
Business profile
Location: south east Wales
Sector: engineering
Web site: www.hpwales.co.uk
Investment
Amount: £25,000
Type: micro loan
Executive: Rhiannon Wilkinson
Why we invested
High Precision Wales is a precision engineering company,
specialising in the automotive and agricultural markets.
Established in 1993, the family-run company presented a robust
business plan that demonstrated good market knowledge. The
company needed investment for development costs as part of its
ongoing growth plan.
The outcome
High Precision Wales was able to develop new tools to enable it
to expand into new markets. The company is now fulfilling orders
for medical devices.
Testimonials
"Because Finance Wales believed in our plans for expansion we've
managed to expand into new markets. We're even looking to employ
extra staff." managing
director?
"We're pleased to have invested in such a well-established
company with a strong management team. High Precision Wales has
proven it's a sustainable company that has flourished, even under
difficult economic conditions." Rhiannon Wilkinson, investment
executive, Finance Wales.