Bedlington firm looking to create new jobs after funding boost
A Bedlington company is aiming to engineer a brighter future thanks to a funding boost.
Eminent Engineering is planning to compete on the national stage thanks to a £250,000 loan from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia.
The company – which manufactures metalwork structures such as balustrades, staircases and flumes – expects to almost double the size of its team by creating 12 new jobs over the next four years. The funding will also allow it to invest in new machinery and target national contracts.
Eminent has supplied metalwork for many high-profile developments including Sunderland’s Market Square and Aquatic Centre, and made log flume rides for theme parks in America, Sweden and Finland.
Established in 2011 by Paul Milsted, the company employs 14 staff, most trained by its own apprenticeship scheme.
Paul, Managing Director, said: “We feel very confident about the future, and this funding will allow us to move forward with our expansion plans. We will be investing in equipment, refreshing our website, and expanding our strong and skilled team of fabricators and welders.”
James Allsopp, investment manager at Mercia, said: “Eminent has a young and vibrant workforce with a strong focus on teamwork, and has built a great reputation with the large national contractors.”