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Composites

Cecence secures £500,000 investment for rail expansion

Hampshire-based composite innovators and manufacturer has secured a £500,000 investment from Finance Birmingham’s national Rail Supply Growth Fund.

1st December 2017

Innovation in Textiles
 |  Hampshire

Transport/​Aerospace

The funding will enable the business to apply its experience in delivering lightweight products for the aerospace, marine and motorsport industries, to the rail sector.

To cater for its expansion plans, the deal will allow Cecence to expand its facility in Hampshire and recruit up to ten new staff members in the next 12 months, doubling its existing workforce. This increased capacity will enable the business to deliver a range of lightweight components to the rail industry.

Read the full article on our Inside Composites website

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