The purchase of a high output CNC machining centre.
Crossen Engineering was founded 30 years ago and specialise in the design and manufacture of bespoke tooling solutions including customers from Aerospace, Medical, Marine, Food & Drink and Construction sectors. The company have achieved a number of prestigious industry awards and accreditations. The company continues to explore opportunities to expand its product range.
The promoter does not have the capacity to produce equipment suitable to potential contracts and in light of these limitations the promoter sought investment in equipment.
Funding was awarded for the purchase of a CNC machining centre.
Promoter was also able to establish a post of employment from project commencement.