Gills adds new machinery into the mix with HSBC support
Wolverhampton-based Gills Mix Concrete, a family-run concrete mixing and pouring firm, has invested in specialist new equipment thanks to a £120,000 asset finance deal from HSBC UK.
Gills Mix Concrete used the funding to purchase a volumetric mixer – a fully computerised, highly efficient concrete dispenser machine, which prevents waste and mess. Unlike traditional mixers, the machine allows Gills Mix Concrete to work with the exact amounts needed for each job, reducing waste, improving customer experience and company efficiency.
The investment is the first step in a strategy that will see Gills Mix Concrete modernise its equipment and delivery through the acquisition of advanced machinery. The company predicts this new direction will increase productivity by up to 30 per cent and create two new jobs.
The nimble machine allows for ease of movement around site, increasing the speed at which the company can deliver jobs, as well as allowing Gills Mix Concrete to work in areas that would have previously been difficult to access.
Hardeep Sandhu, director at Gills Mix Concrete in Mander Street, said: “This is the start of a new direction for Gills Mix Concrete. Since our inception in 2011, and the Sandhu family taking full ownership in 2013, we’ve worked extremely hard to develop an outstanding reputation across the region. The additional efficiency and capabilities provided by the purchase of the volumetric mixer, will allow us to build on this reputation as we pursue our ambitious aims to grow company turnover by 20 per cent. I would like to thank our relationship manager at HSBC UK, Alex Richards, who has been a pleasure to work with throughout.”
Stephen Peart, HSBC UK area director for business banking in the Black Country, said: “Gills Mix Concrete is going from strength-to-strength and doing excellent work across the West Midlands. We’re delighted to be able to support this ambitious, family-run business as it invests in the future and enters the next stage of its business cycle.”
Gills Mix Concrete is a 24-hour business that works on projects across the West Midlands, such as the resurfacing of the A34, as well as providing concrete solutions for a variety of companies ranging from local house builders to large commercial operations and prisons. The company offers a variety of services including concrete pouring and pumping, as well as a grab service that clears a site ahead of a new pour.
The funding comes from HSBC UK’s recently launched £1.1 billion lending fund to support small and medium-sized enterprises (SMEs) in the West Midlands, as part of its broader commitment to helping British businesses realise their ambitions for growth.