SJA Film Technologies Ltd has been trading since 2003. It began as a slitting, rewinding and film supplier company and quickly developed the business portfolio to include stocks of many substrates including plastic films, cast polypropylene, oriented polypropylene, degradable films, polyester, sandwich lidding film, release liner and paper.
SJA currently have two spool winding machines. One is a 12 head which was bought in 2006 and the other is a 24 head which was purchased in 2009. They produce their
own products on these machines and they also trade spool their customers’ products as a service. In order to grow the business they needed to increase their capacity which meant a second 24 head spooling machine at a total cost of £400,000.
The company, who recently exhibited at the International Converting exhibition in Munich Germany, are sure that there is potential for much more export business which they plan to exploit. They contacted Lancashire Business Growth Fund requesting assistance with the investment and have been awarded a grant of £70,000 to assist the company with their expansion plans.
The directors at SJA Film Technologies, Tim Poskitt, Dave Hoy and Jon Harvey said:
We’re really excited about this development within the business. The funding will enable us to increase our capacity and grow the business. The grant
from Lancashire Business growth Fund has made a real difference.”
Mandy Lockett, International Business Director of the East Lancashire Chamber of Commerce said:
“We are so pleased we have been able to support local businesses with their growth. This investment will help finance new machinery that in turn will safeguard 2 jobs and create a further 7.
“The money is only on offer for two years so we need businesses in Lancashire to take advantage of it as soon as possible. So if you’re a business based in Lancashire please give us a call to discuss your project ideas.”
The Regional Growth Fund-supported Lancashire Business Growth Fund is a programme offering capital investment grants and international trade support to businesses across the county.
The programme has been launched by the county’s two accredited chambers of commerce – East Lancashire and North and Western Lancashire – in partnership with Regenerate Pennine Lancashire, and is intended to create 600 new jobs and safeguard a further 200.
Its key aim is to accelerate the creation of sustainable jobs by encouraging companies to bring forward growth projects on a bigger scale with a larger impact at a time when those jobs are most needed.
Businesses bidding for grants from the scheme can claim up to 20 per cent of the total project costs, with the remaining costs leveraged from the bank or investment.
To be eligible for the programme, projects must involve the acquisition of new premises, infrastructure, machinery, expansion, or another suitable form of capital investment.
Businesses are also required to demonstrate how many jobs will be created through the project in order to be accepted on to the scheme.
Contact: Stef Heywood, East Lancashire Chamber of Commerce, 01254 356454, [email protected]