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Staffs Precision Ltd have recently extended their manufacturing site due to the increasing demand for their state of the art precision engineering components. The impressive new building houses a diverse range of new machining centres. Recognising how Staffs Precision have a clear vision for sustainable growth, Barclays Bank are supporting the new premises development.

Phil Smith (Joint Managing Director) continues “Business is good at the moment. Confidence is returning and as well as acquiring new contracts, existing customers are increasing orders to meet demand. Future plans include the possibility of purchasing a new site or expanding the existing sites to incorporate all our operations under one roof, depending on the feasibility and cost. I get a great sense of satisfaction in running the business my father started 30 years ago and hope to build on his foundations for future generations.”

Steve Sargeant, Barclays Business Senior Manager, said “Barclays Business is committed to using our industry expertise and specialists to support such propositions, which are vital to a prosperous economy. By really understanding the business Barclays Business has been able to provide innovative solutions to support Staffordshire Precision Engineering Ltd both financially and professionally throughout its history. Investment in the new premises in this competitive market demonstrates both Barclays Business and Staffordshire Precision Engineering Ltd confidence in the continued growth and success of the business.”