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25 July 2013

Robotics firm carves out its expansion with £100,000 North West Fund for Loans Plus

Press Release 25th July 2013

A Sefton-based company which machined architectural components for London 2012 is expanding with the backing of a £100,000 loan from The North West Fund for Loans Plus managed by FW Capital.

CNC Robotics has used the loan to equip its new 10,000 square feet facility in Aintree.  Having increased its capacity, the company can now provide customers with a wider range of services, including turn-key machining, 3D scanning and machining to create rapid prototypes as well as engineering support and repairs.

The company's bespoke robotic systems machine a diverse range of components, prototypes and sculptures for international clients in the aerospace, automotive, film, timber and other sectors.

Former set designer and Managing Director, Jason Barker set up CNC Robotics three years ago when he spotted an opportunity to machine sculptures more cost effectively for clients.  He then developed his own software to control the machining process based on the leading Delcam solution.

With its revolutionary robotic systems providing manufacturers with a cheaper, more flexible alternative to the systems they currently use, CNC Robotics now plans to expand into the manufacturing sector.

"The loan from The North West Fund for Loans Plus has enabled us to invest in the new robots, technology and other equipment we need to expand.  We've built up an international client base and can now provide them with an even more comprehensive service. 

"We can offer smaller businesses robotic machining at an affordable price and can also cater for larger businesses wishing to use robot machining to complement their existing technology," Barker explained.

The company has a number of key global partnerships and works collaboratively with software developer, Delcam as well as major robot manufacturers Kuka, Staubli and Kawasaki.

Commenting on the loan FW Capital's Investment Executive, Carol Bolland said: "Jason has turned a lucrative market opportunity for bespoke sculptures into an exciting business. CNC Robotics uses the software he developed to control industrial robots in a host of novel ways and this is enabling the company to win new business.

"CNC Robotics' services are in demand and this loan from The North West Fund for Loans Plus is backing the company at a critical time, enabling it to take advantage of a number of new market opportunities."

CNC Robotics was one of three finalists at the Merseyside Innovation Awards in July this year.

The £100,000 loan was provided through the £45m North West Fund for Loans Plus which can lend from £50,000 to £750,000 to North West businesses and is part of the wider North West Fund, financed jointly by the European Regional Development Fund and the European Investment Bank.



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