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Manchester, UK-based, surface coatings manufacturer, HMG Paints, was one of 119 successful bids, in the second round of the UK’s Government’s £1.4bn (US$2.25bn) Regional Growth Fund programme. HMG has secured £1.2M (US$1.9M) in funding toward the development of a facility for the production of high performance waterborne coatings.
The proposed 10,000ft2 factory extension will effectively double production capacity at its Collyhurst site, safeguard the employment of almost 150 existing full-time staff and lead to the creation of 50 jobs within the next five years.