Midlands manufacturer targets £50m turnover with new funding

Posted on 7 Jul 2023 by The Manufacturer
L-R: Andrew Gaunt (Business Development Director, Invoice Finance, Lloyds Bank), Khush Johal (Mid Corporate Relationship Manager, Lloyds Bank), David Austin (Chairman, Linecross), Paul Wheelwright (Trade Director, Lloyds Bank).
L-R: Andrew Gaunt (Business Development Director, Invoice Finance, Lloyds Bank), Khush Johal (Mid Corporate Relationship Manager, Lloyds Bank), David Austin (Chairman, Linecross), Paul Wheelwright (Trade Director, Lloyds Bank).

A Midlands manufacturer is looking to grow its turnover by 50% to £50m in the next three years, supported by £12.5m of funding from Lloyds Bank.

Linecross is a UK engineer and manufacturer of moulded plastic components for vehicles in the prestige automotive, transport, leisure and off-highway markets. It is a supplier to some of the UK’s most iconic vehicle brands, providing a broad range of exterior and interior parts from its two sites in Cannock and Rutland. The business was…

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