A South Yorkshire company is taking aim at more than 30,000 bodyshops in the US with its new anti-static paint spray gun.
Static Solutions of Barnsley is developed a version for the automotive market in the US and Canada after selling more than 800 in the UK.
Its products improve the finish of a paint job - and eliminate costly re-work - by reducing the amount of dust-attracting static electricity in the process.
The firm has obtained a £55,000 loan from Finance Yorkshire for its export plan.
Static Solutions’ managing director Glen Aaron said: “The capital will assist with tooling and patent costs for the Pro-Start, a smaller, more cost-effective version of our existing spray gun.
“It is aimed specifically at the US and Canadian automotive markets, where there is a growing awareness of the problems caused by static, and the imperfect finish it causes.
“There are well over 30,000 body shops in the US, so the potential for a product which reduces costly re-work, is clear.
“The adverse effects of static in the paint-finishing process haven’t really been understood, but that is now starting to change, here in the UK and overseas, and we are confident of the demand.
“We have sold 800 anti-static guns to body shops in the UK and plan to introduce the Pro-Start here within the next 18 months.”
It is the third time Finance Yorkshire has invested in the business since it was established in 2003.
Finance Yorkshire portfolio manager David Ward said: “Static Solutions has shown steady and consistent growth since its formation, with an innovative range of products which bring real cost and productivity benefits to the end-user.
“We are confident the new Pro-Start gun, with its size and cost advantages, will be very successful”
Finance Yorkshire chief executive Alex McWhirter said: “Our business loan investments enable SMEs to achieve success through job creation and growth. Our latest investment in Static Solutions demonstrates the valuable role Finance Yorkshire plays in supporting innovation and growth in a range of sectors.”