Coast to Capital growth grant awarded to Wildtrax Electronics.
After GBE aquired Wildtrax Electronics its main supplier of surface mount boards, Managing Director Mark Bullen applied for a grant from Coast to Capital to help improve productivity.
Coast to Capital have made a large amount of funding available to local businesses. These ‘growth grants’ can be used to purchase or develop innovative assets which have a clear link to boosting productivity and profit margin – and ultimately growing a business.
“Because of Coast to Capital, GBE completed its productivity plan three years ahead of schedule. We’re now set fair for the future, ready to push forward with our Industry 4.0 version – the use of smart devices working together wirelessly to revolutionise production. It’s no exaggeration to say that without Coast to Capital, GBE would not be where it is today”. – Mark Bullen
One of the aforementioned ‘smart devices’ that the growth grant has helped towards is the new Iineo + I Pick & Place machine (pictured above) which has immediately increased placement capacity by over 75%.