Trumeter Company Ltd today announced that it has been successful in securing new investment to accelerate product development and increase production capabilities.
The investment package was put together by Warrington based Energize Capital, along with John Smith who will join Trumeter as Chief Executive. 24 jobs will be secured at the Radcliffe site.
John Smith commented: "This is a very exciting day for the customers, partners and employees of Trumeter. Trumeter has a long track record of developing innovative products and working closely with its’ global customers to deliver solutions to the measurement and automotive lighting markets. This investment will enable the company to commercialise several new products to meet our customer’s needs, many of whom are enjoying significant growth right now."
John Smith added: "While the company now has new shareholders, I am delighted that the executive team has elected to remain with the business and drive it forward. Their experience and knowledge will be invaluable as the company moves forward into an exciting period of growth."
