The Challenge: Following a tough year for the industry, the company centralised their national operations to Dinnington to cope with the economic climate. The South Yorkshire site is now their main production facility with 29 staff. This has helped Labfacility become more efficient and is now starting to see an up-turn in the market. Labfacility has previously received investments from South Yorkshire Investment Fund and needed further investment to take advantage of the growing business opportunities.
The Solution: Finance Yorkshire has given their support to the company with a £50,000 business loan, while Labfacility has also gained a £40,000 loan from Donbac, an Enterprise Agency and Loan Fund in Doncaster. The investments will help Labfacility with capital investment in new tooling and to redevelop the company website with a new e-commerce facility.