Deeside manufacturer Locit secures £1m backing to support growth, safeguard jobs and expand operations
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Development Bank of Wales backs Locit with £1m growth investment
Locit, a rapidly growing steel locker manufacturer based in Deeside, has secured £1 million in backing from the Development Bank of Wales to support expansion plans, strengthen its workforce and drive future growth. The investment will help the company scale operations while safeguarding jobs and creating new roles in North Wales. Based on Deeside Industrial Estate in Flintshire, Locit was established in 2022 by managing director Richard William…
Deeside manufacturer Locit secures £1m backing to support growth, safeguard jobs and expand operations
News from Wales Locit, one of the UK’s fastest growing steel locker manufacturers, has secured a £1 million... The post Deeside manufacturer Locit secures £1m backing to support growth, safeguard jobs and expand operations appeared first on News from Wales.
North Wales manufacturer secures £1 million boost to fuel growth
Locit, one of the UK’s fastest growing steel locker manufacturers, has secured a £1 million investment from the Development Bank of Wales, which will support its continued expansion, safeguard jobs and create new jobs in North Wales. Based on Deeside Industrial Estate in Flintshire, Locit was established in 2022 by managing director Richard Williams alongside investment from Arete Capital Partners LLP. In just four years, the business has grown …
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