Birmingham firm receives £1.8m backing

Birmingham firm receives £1.8m backing

The manufacturer of the world’s leading emergency evacuation chair is targeting new markets following a £1.8m funding package from Yorkshire Bank.

The company provides products to allow wheelchair users to be evacuated quickly and safely down stairs in the event of an emergency such as an earthquake or a fire.

Evac+Chair International Ltd. has been manufacturing in Birmingham since 1985 and has experienced continual growth over the past 30 years, generating £7m turnover in the last financial year.

As part of its global expansion, the business, has opened a new office in Dubai to cater to the growing demand in the Middle East.

Local sites in the Birmingham area that are supplied by Evac+Chair include, Aston Villa Football Club and Birmingham Hippodrome.

The funding received by the business has been used to purchase two new machines to enhance efficiency and the technology used at its Birmingham manufacturing facility which employs 87 people.

Mark Wallace, owner and CEO said: "We have experienced continual growth over recent years and with new machinery to assist with the expansion of the business we are in a very strong position moving forward. Securing the funding from Yorkshire Bank has allowed the business to thrive and we aim to continue our growth over the coming years.

"The support we have received from Yorkshire Bank has been invaluable and the team have really taken the time to assist with our plans to expand into new markets."

Gareth Jones, head of Yorkshire Bank’s Commercial & Small Business Relationship Management teams, said: "Evac+Chair International Ltd has demonstrated a genuine entrepreneurial track record, identifying new opportunities and maximising these.

"We are proud to have supported the business at such an exciting time and look forward to working with the team as they continue to grow the business.

"Yorkshire Bank remains focused on supporting the growth ambitions of businesses in the West Midlands."

 

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