Exporting Expansion

The next stage

Wrexham firm wins new contract

Based on the Wrexham Industrial Estate on Bridge Road North, Unimaq was established in 1993 by Managing Director, Berty de Jong. The business produces machinery for high-speed colour printing onto drinks cans. Its products, which are sold to manufacturers worldwide, are capable of handling over 2,000 beverage cans per minute.  

Unimaq employs 45 members of staff and has a turnover of £6.9 million. A contract in China is key to the next stage of growth.

 

This contract is a great achievement for us, following our formal accreditation for quality management this year. These will help boost our standing in the eyes of both UK and international clients.

Berty de Jong, Managing Director, Unimaq

Breaking down barriers

China is an important growth area for the company and a large portion of its machinery has been sold to Chinese companies over the past two years, but there is also a considerable amount of administration associated with supplying these companies, which is an area where Unimaq needed support.

This new international contract is great news for Unimaq, which will further strengthen the company’s foothold in Far Eastern markets that it is using to drive its continued growth back home.

Malcolm Woodall, International Business Manager, Lloyds Bank Commercial Banking

Looking to the east

Berty approached Lloyds Bank Commercial Banking for the working capital support, as well as bonds and letters of credit to help secure the new Chinese contract. Unimaq received previous support for the purchase of the company’s current premises in 2011, which are three times the size of its former site.

Due to the increased demand from customers in the Far East, the company has also opened an Asian sales office in Thailand and has sales agents in China and South Korea.

Our relationship manager at the bank provided us with the necessary working capital, foreign currency and credit letter services we needed as part of the procurement process for the new contract. The overall range of international trade support went far beyond what we expected from a bank.

Berty de Jong, Managing Director, Unimaq

Products for exporters

Manufacturing is a key industry for the UK economy and it is vital that firms are given relevant and tailored information in order to help them grow and prosper. At Lloyds Bank Commercial Banking, we have specialist manufacturing teams that have a deep knowledge of the sector and can provide in-depth support and guidance.

Manufacturers are an important part of the economy and help to drive growth. It’s encouraging to see firms like Unimaq are growing and thriving by successfully competing in overseas markets.

Malcolm Woodall, International Business Manager, Lloyds Bank Commercial Banking

Products for exporters

Support for the future

At Lloyds Bank Commercial Banking, supporting start-up businesses is a core aim for us and since January 2013, Lloyds Bank Commercial Banking has supported 94,000 small and medium-sized businesses to start-up.

We have a range of options to support firms including the Lloyds Funding for Lending Scheme under which our customers receive a one per cent discount on interest payments.

Malcolm Woodall, International Business Manager, Lloyds Bank Commercial Banking