A Midlands vehicle parts manufacturer has received £12.5 million backing from Lloyds Bank to support its plans to grow turnover by 50 per cent to £50 million in the next three years.
Linecross, which is based in Rutland, and has a big operation in Cannock, has used the funding to fit 914 solar panels to the roof of its South Luffenham factory - between Uppingham and Stamford - to help cut its rising energy costs. It has also invested in new machinery and made a number of key appointments.
The business is a UK engineer and manufacturer of moulded plastic components for vehicles in the prestige automotive, transport, leisure and off-road markets. It supplies some of the UK’s most iconic vehicle brands, providing a range of exterior and interior parts from its Staffs and Rutland sites.
