Winkworth Machinery Limited, the UK’s largest industrial mixer manufacturer, has acquired a new facility as part of its ongoing expansion efforts. Founded in 1924, the Basingstoke-based company secured £750,000 in financing, supported by a UK Export Finance (UKEF) guarantee, to enhance its manufacturing capabilities and create additional jobs.
The acquisition of a site in Dudley last year has significantly boosted the company’s production capacity, reduced lead times, and helped meet increasing customer demand. As a result, Winkworth has been able to create new engineering, production, and management roles in both Basingstoke and Dudley.
The £750,000 facility will enable Winkworth to secure new contracts and continue its global expansion, particularly into key markets such as the US, Asia, and the Middle East.
Richard Gale, Managing Director of Winkworth Machinery, highlighted the importance of managing financial risk when expanding into international markets. “UKEF’s support has provided us with the tools to mitigate those risks, whether it’s through export insurance or financing for specific projects,” he said.
Richard Armstrong, UKEF Export Finance Manager for Hampshire and Isle of Wight, praised Winkworth’s growth, stating: “This facility is a great example of how UKEF’s General Export Facility can support UK manufacturers in expanding globally and creating jobs here in the UK.”
Sam Dance, Relationship Manager at HSBC UK, also expressed support for Winkworth’s expansion: “It’s fantastic to see Winkworth fulfilling its growth ambitions, and we are proud to partner with them to support their international market expansion.”