HSBC investment for Macclesfield manufacturer

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An advanced engineering group headquartered in Macclesfield is accelerating its overseas expansion with the backing of a six-figure funding package from HSBC UK.

Statiflo International, established in the early 1980’s, is a world-leading designer and manufacturer of motionless mixing technology, supplying clients in water treatment, oil & gas, manufacturing and pharmaceutical sectors around the world. With the backing of HSBC UK’s working capital and international capability, the Group is pursuing an ambitious growth strategy that will see it scale-up its workforce and meet the increased operational costs of larger contracts in key markets such as Europe, North America and the Far East.

The Group anticipates it will create new jobs and increase revenue in the next 12 months.

Gareth Fry, Managing Director of Statiflo International, said: “We operate on a global scale, so naturally we needed a bank that has an equally global footprint. All our trade facilities are now seamlessly under one roof, giving us the means of meeting larger, more demanding contracts in multiple markets, particularly from our USA office.”

Simon Copeland, Business Banking Relationship Manager, HSBC UK Greater Manchester, added: “Statiflo is a great example of the type of dynamic global business we are delighted to support. Gareth and his team have considerable experience and knowledge of their diverse markets and they’re not afraid to make strategic investments. We look forward to seeing the business thrive in the UK and abroad.”

Statiflo is headquartered in Macclesfield, with a global reach through subsidiaries in the USA, Germany and Canada and a network of business partners in the rest of the world. The Group’s static mixers can be applied to a wide range of process operations including blending, chemical dosing, gas dispersion and custody transfer. It employs 26 worldwide, with 18 in its Cheshire HQ. 70 per cent of the UK business’s sales are exports and its clients include UK water utilities, contractors and oil companies.