HSBC provides £1.2m in funding to growing Glasgow workwear business
Glasgow-based workwear and safety equipment company Suresafe has invested in new machinery following a £1.2 million funding package from HSBC UK.
Suresafe has used the funding to purchase new UV pad printing and direct-to-film printing machines to improve its product range and production capacity.
The second-generation family business can already produce up to 10,000 items of bespoke branded workwear per day, and this new machinery will enable the company to meet larger orders more quickly as well as offer a wider range of products, such as glow in the dark designs.
The new machines will also remove the need for minimum order requirements, providing greater flexibility and cost reductions for customers, while also saving Suresafe upwards of £32,000 each year in wastage.
With the new machinery in place, Suresafe has forecast a 30% increase in sales over the next 12 months.
Trevor Lang, managing director at Suresafe, said: “As a small business, with fewer than 50 members of staff, this new machinery will be a game changer. Not only will it enable us to ramp up production quickly so we can be flexible to our client’s needs — it will also really help us to be more sustainable, as the new machines produce only the exact number of badges or printed items needed, and don’t require a minimum order like our previous machines.”
Suresafe focuses on reducing its impact on the environment by making sustainable products with recycled threads. It also provides an end-of-life garment offering, which sees it create new products with recycled workwear.
Louise Dunphy, relationship manager at HSBC UK, said: “It’s been fantastic to work with a company that is so focused on providing sustainable product options as well as being the only workwear company offering end of product life solutions.”
Suresafe Protection has over 50 years of experience in supplying safety equipment, workwear, boots and personal protective equipment (PPE).