European sales drive expansion at Swansea manufacturer

Posted on 26 Oct 2017 by Fred Tongue

A specialist manufacturer of armchair mechanisms is set to boost production and increase its exports to Europe, with support of a six-figure funding package from Lloyds Bank.

The two welding machines have helped Seminar Components increase production – Image courtesy of Lloyds Swansea-based Seminar Components bought two new robotic welding machines using a £200,000 hire purchase and leasing facility from Lloyds Bank. The management team recognised that it needed to buy the machinery after experiencing increased demand from…

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