Order book expands after bank’s funding deal

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Print finishing equipment manufacturer Rollem is targeting new orders at home and abroad after securing a £2.1 million funding package from HSBC.

The company, which makes bespoke paper and card cutting, scoring and perforating machines has used the money to fund a move to larger premises at Tankersley and the redevelopment of its former premises in Ecclesfield.

Rollem, now based on the Wentworth Industrial Estate, is leasing its former premises to supermarket chain Aldi.

Managing director Stuart Murphy said: “We are extremely excited about the future prospects Rollem now faces.

“After being in business for 90 years, the new premises will provide Rollem with greater flexibility to ensure we can continue to deliver excellent products to meet our ever-evolving customer requirements as well as allow us to develop and build on international market opportunities.

“We have been working closely with the team at HSBC over the past two years and I am confident that this tailored financial package will enable the company to continue to evolve and grow as we look towards the future.”

Martin Nattrass, HSBC’s area commercial director for South Yorkshire, added: “We envisage that the new premises will enable Rollem to build on its already established international links and further develop its technical capabilities.”

Rollem was established 83 years ago and includes greetings card, post card and playing card manufacturers among its customers.

Export markets include the USA, Turkey, Singapore, the United Arab Emirates and Kenya.