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BASINGSTOKE, England (CHATNEWSTV) — Winkworth Machinery Limited, the UK’s largest industrial mixer manufacturer, has secured £750,000 in government-backed financing to support its global expansion. The deal, facilitated by HSBC with a UK Export Finance (UKEF) guarantee, will enable the company to strengthen its manufacturing capabilities and drive job creation in the UK, particularly in Basingstoke and Dudley.
The new funding follows Winkworth’s acquisition of a manufacturing facility in Dudley in 2024, which has enhanced production capacity, reduced lead times, and better positioned the company to meet growing international demand. With its workforce expanding, the company has created new roles in engineering, production, and management.
“We’ve been able to scale our operations to meet the demand in emerging markets, ensuring we can grow without taking on undue risk,” said Richard Gale, Managing Director of Winkworth Machinery. “UKEF’s support has been a key enabler of our international growth strategy, helping us to confidently pursue new export contracts while maintaining a healthy cash flow.”
The £750,000 facility will allow Winkworth to expand its footprint into markets such as the USA, Asia, and the Middle East, boosting its global presence and securing new contracts. As the company celebrates its centenary, it is also investing in advanced simulation technologies to further innovate its industrial mixers.
“This deal highlights how UKEF’s General Export Facility can assist UK manufacturers in expanding globally, creating jobs and ensuring businesses stay competitive in international markets,” said Richard Armstrong, UKEF Export Finance Manager for Hampshire and Isle of Wight. “We’re excited to support Winkworth’s continued success as it grows its export base and secures larger contracts.”
Winkworth Machinery’s expansion into new markets is a testament to its long-standing reputation for innovation and its commitment to maintaining a strong presence in the global manufacturing industry.
