JBC, which has offices in Hull and Leeds, is set for major growth after securing £500,000 from Finance Yorkshire’s Equity Linked Fund.
The investment will be used to accelerate the firm's nationwide expansion, invest in technology to drive efficiency and customer service and create new jobs.
The business, formed in 1978 by John Bashall and now owned by son Jamie, delivers a 247 call out service for clients in a range of industries including the likes of Bentley Motors, Warburtons and Coors’ Brewery.
JBC has a turnover of £6m and employs around 70 people. Recent growth has also led to the opening of several regional offices, enabling the firm to offer an enhanced scope of engineering services.
Jamie Bashall said: “Our key sector is food manufacturing, where a reliable supply of hot water and steam is crucial for production. If they lose production, companies can lose huge amounts of money.
“We offer a free, 247 service across the UK. There is always an engineer available, no matter what time of day. This is one of our competitive advantages.
“We have identified gaps in the market for a remote monitoring and outsourcing solution and will be introducing some exciting new technology next year. We want to push for growth and develop our market share nationally.”
The team at Finance Yorkshire have been celebrating this week after the initiative reached its most significant milestone to date with £100m now invested in Yorkshire and the Humber.
Alex McWhirter, chief executive of Finance Yorkshire said JBC was a great example of the type of business that Finance Yorkshire looks to invest in.
He added: “JBC is an established, successful and profitable business with exciting growth potential. We are looking forward to working alongside Jamie and his team as they roll out their expansion plans.
“JBC is well placed to join the hundreds of success stories in the Finance Yorkshire investment portfolio.”
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