Coventry based automotive firm Penso will target growth after winning £4.3m in funding. The firm is set to expand to meet increasing demand for its vehicle systems.
The organisation produces technical engineering and product design for several sectors in the UK and overseas, including automotive, defence, aerospace, rail and energy industries. The company secured £3.3m of funding from Lloyds Bank Commercial Banking and will use the funds to develop a disused plant next to its existing site. Additionally, Penso has secured a…
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