Partner Article
Leeds warning lights manufacturer purchases premises with Lloyds loan
Leeds-based Haztec International has purchased its premises, following a seven-figure loan from Lloyds Bank Commercial Banking.
The warning lights and sirens manufacturer, which specialises in the manufacture and supply of emergency warning equipment for police, ambulance, fire, highways and utility services, will also be creating new jobs in the region with the investment.
Since establishing in 2002, the company has built an international client base alongside its footing in the UK market, exporting its products to the Far East, Middle East, Australasia, North and South America. In 2008, the company won the Queen’s Award for Exporting, which recognises businesses that excel in international trade.
As part of its latest growth plans, the company has purchased its trading premises on the Moorfield Estate. The business is now able to upscale capacity and is planning to add to its existing workforce of 40 by recruiting a design engineer.
Bryn Tennant, co-owner of Haztec International, said: “Investing in property has helped secure the long-term future of the company. Owning our own trading premises rather than renting means we’ll be able to develop the site in line with client demand.
“Having a permanent base will also help us invest in new talent that will drive innovation, enabling us to provide our customers with the high-quality, effective products we’ve become known for across the world.”
Ben Kimball, relationship manager at Lloyds Bank Commercial Banking, said: “Manufacturers like Haztec International represent the spirit of enterprise and innovation that is so vital to the future of Britain’s economy.
“That’s why we’re pleased to provide Bryn and his team with the funding needed to purchase the site in Leeds in order to expand its presence both domestically and overseas.
“We’re dedicated to enabling other businesses to explore opportunities overseas. Through our partnership with UKTI we deliver workshops and provide financial guidance to businesses considering exporting to help them fulfil their ambitions.”
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