Winkworth Machinery Limited, the UK’s largest industrial mixer manufacturer, has secured £750,000 in financing, backed by a UK Export Finance (UKEF) guarantee. The funding, provided by HSBC UK, will support the company’s expansion into international markets, including the USA, Asia, and the Middle East, while boosting its manufacturing capabilities and job creation.
Operating since 1924, Winkworth Machinery designs and manufactures industrial mixers across various industries. This deal follows a period of growth, including the acquisition of a new manufacturing site in Dudley in 2024, which has increased production capacity and reduced lead times. The company’s workforce has also expanded, creating new roles in engineering, production, and management.
The £750,000 facility will help secure new contracts and enhance the company’s global reach. As part of its centenary celebrations, Winkworth is investing in advanced simulation technologies to innovate and improve the design and performance of its mixers.
Richard Gale, Managing Director of Winkworth Machinery, highlighted that UKEF’s support has been crucial for managing the financial risks of international expansion, enabling the company to scale operations without compromising cash flow.
Richard Armstrong, UKEF Export Finance Manager, noted that the deal exemplifies how UKEF’s General Export Facility helps UK manufacturers grow globally, creating jobs domestically. HSBC UK’s Relationship Manager Sam Dance also emphasized the importance of UKEF’s guarantee in providing robust financial support to UK businesses expanding into international markets.