A West Yorkshire cleaning product manufacturer which supplies the hospitality and leisure sectors has secured £175,000 investment from Finance Yorkshire.
The Proton Group was established more than 50 years ago and specialises in cleaning products for the hospitality sector. Known for innovation they work closely with many of the UK brewers and have unique product and educational offerings.
The Proton Group employs more than 25 people at its manufacturing plant which includes warehousing and distribution facilities. The business is targeting £5m turnover this year.
Managing Director Murray Angus says the investment from Finance Yorkshire’s Business Loans Fund will support the company’s growth strategy as it develops new, innovative products which are more environmentally friendly.
He said: “The investment gives us a cash boost to invest in our plant and equipment while also working on new products for our customers. Innovation is important to us, and we have just seen the launch of a new specialist product range that will be used by technicians within the trade, aimed at saving money and time for the brewers.
“We have a focus on sustainability and currently pursuing how we can support this both with alternative packaging solutions and less harmful chemicals.”
Alex McWhirter, chief executive of Finance Yorkshire, said: “The Proton Group is a well- established Yorkshire business with a strong track record of innovation and product development which has been integral to its success over the last five decades.
“We are pleased to support the company as it continues to innovate and win new contracts in its target markets.”
News article written by Finance Yorkshire