Braddan Structures is as an industry leader within the steel construction field, working on major infrastructure projects including schools, hospitals and retail outlets.
The company identified an opportunity to acquire the mobile crane which would enable it to increase its capacity to undertake further projects and approached the Capital Grant Scheme for support.
The Capital Grant Scheme, which aims to support supply chain companies nationwide affected by the closure of SSI and manufacturing and service sector companies based in the Tees Valley, was able to provide Braddan with the required funding to make the purchase.
Braddan Structures was not directly affected by the SSI closure but the scheme is also designed to support projects that will create new, sustainable, private sector jobs and support private sector investment. Projects must involve capital expenditure aimed at expanding the business.
Carl Caddick of Braddan Structures said: “We were turning away projects as we simply didn’t have enough capacity or resources to take them on.
“The purchase of the mobile crane, which represented a significant investment for the company, has enabled us to expand our operation and created several full-time positions for local people.
“The support from the Capital Grant Scheme has been invaluable and I would strongly recommend other businesses to explore the options available.”
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