M&I Materials, a global leader in commercialising materials for demanding applications, has opened a new manufacturing line in Manchester with help from the Greater Manchester Export Fund.
The new facility provides additional capacity to manufacture the company’s brand MIDEL - the world’s leading ester transformer fluid.
The investment is the latest in an expansion of M&I Materials’ global footprint, which follows on from the launch of a new production facility in the US and the opening of Africa’s first ester transformer fluid factory in Johannesburg.
Giles Salt, chief executive of M&I Materials, said:
“We export to world-leading companies in over 60 countries. This investment allows us to further expand our footprint and thus to also secure and create local manufacturing jobs.”
The company also benefitted from GC Business Growth Hub’s Innovation Vouchers scheme, which enables SMEs to apply for funding to access expertise and specialist facilities within Greater Manchester’s universities.
Richard Jeffery, Director of GC Business Growth Hub, said:
“M&I Materials are a fascinating company and, with a presence in Manchester since the 1940s, are one of the area’s real success stories. It’s fantastic to see this new facility and I’m looking forward to watching the business go from strength to strength.”
“I’d really encourage businesses who want to gain a competitive edge and accelerate the development of innovative products and services to apply for Innovation Voucher funding and other business support which is available from the GC Business Growth Hub. Take advantage and harness the expert knowledge and facilities we’re blessed with in Greater Manchester.”
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