Engineers bank on expansion

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AN ENGINEERING firm has received financial support to help expand its business.

A1 Towing Limited, based on Kettlebridge Road, off Sheffield Parkway, which is a designer and manufacturer of towbars and related products, has been helped by HSBC’s Commercial Banking team in South Yorkshire.

Funding has been provided from the bank in a deal led by its international business manager Jon Gillgrass and commercial manager Simon Harget, which will allow A1 Towing to expand its premises to increase its warehouse and create a new depot.

There will also be an extension of the building to allow the company to double the size of its design department.

Mark Terry, managing director of A1 Towing, said: “This is extraordinary growth in a recession, thanks to HSBC.”