A Hampshire-based manufacturer of fluid control parts and components, has secured a bespoke financial package from Barclays to support the business through the COVID-19 pandemic, as well as assisting in the manufacture of mechanisms for much-needed ventilators on the front line of the NHS and other global healthcare authorities.
Established in 1970, The West Group headquartered at Aston Road, Waterlooville, will use the funding to focus its resources on making essential parts for over 40,000 ventilators and to pay its workforce and suppliers through the COVID-19 pandemic. In addition, the firm plans to export a number of ventilator parts to health services around the world, including Australia, Brazil and USA.
Darryl Osborne, sales & marketing director at The West Group, said: “We are a UK-based manufacturer building parts for over 50 years. COVID-19 has shown how fragile global supply chains are, so we’re proud to show that the UK still has cutting-edge manufacturing capability here at home.
“It’s vital that we all work together, but it’s also important that we’re not overly reliant on other countries in times such as this. We’ve worked hard during COVID-19 to bring some manufacturing back to the UK, which will stand the country in good stead both now and in a post COVID-19 world.”
With its team of expert engineers, cutting-edge machinery, and well-backed financial support, The West Group is now also planning to help produce COVID-19 testing kits and pressure care mattresses for hospitals.
Chris Collings, Barclays relationship director, added: “Having worked with The West Group for a number of years I have been impressed by their manufacturing capabilities and can-do attitude, which has seen a period of prolonged success in the UK and beyond.
“There were clearly some headwinds for the business to navigate, but it has been great to see this can-do attitude, and strong market position come together in the fight against this pandemic. Everything we’re doing right now is about supporting customers through this crisis, and to help a valued customer that has pivoted their existing skills to helping the NHS in this way is a great outcome.”