A Chesterfield engineering company has secured its future for a third generation after a move and a major equipment upgrade.
DC Rolfe relocated to new premises on Ireland Industrial Estate in Staveley and purchased two new machines, secured four jobs and, by March, will have created four new ones. It also has a new corporate image and - for the first time ever - its own website.
The company funded the overhaul with a grant, for 25 per cent of the cost, and used savings and a bank loan.
DC Rolfe is a precision engineering company which designs and manufactures metal parts. It also undertakes injection moulding of plastics.
It was established by father and son Dennis and Guy Rolfe and, in 2010 was taken over by Guy and his wife Cheryle.
It was then the couple started looking at revamping the business.
Cheryle said: “We had reached a stage where, with ageing machinery, we were unable to compete in the marketplace. Additionally we were struggling to recruit skilled employees.
“Our accountant recommended we apply for D2N2’s Unlocking Investment for Growth fund and subsequently put us in touch with Paul Stuart, project manager at the Chesterfield Innovation Support Project.
“The foundations have been laid for the long-term future of the business. Our son Wade has joined DC Rolfe and is being trained to eventually take it over and ensure it remains within the family.”
The Chesterfield Innovation Support Project is funded by Europe, DC Rolfe is a member of Destination Chesterfield, a Europe-funded marketing campaign. D2N2 is the name of the Local Enterprise Partnership covering Derbyshire and Nottinghamshire. The Unlocking Investment for Growth programme offers grants, and is part of the Government’s Regional Growth Fund.