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A Steel Legacy: Brockhouse Forgings Secures Strategic Funding for Global Expansion

Synopsis: Brockhouse Forgings, a West Midlands-based steel manufacturer with 140 years of heritage, has secured a significant funding package from UKSE to support its expansion into new markets. Specializing in forged steel components for sectors such as automotive, defence, and mining, the company aims to build on its long-established reputation and global presence to ensure its growth and sustainability for the next century.
Thursday, February 27, 2025
UKSE
Source : ContentFactory

Brockhouse Forgings: A Legacy of Strength and Innovation

Celebrating 140 years of excellence, Brockhouse Forgings, located in West Bromwich, West Midlands, is a company with a rich history rooted in steel manufacturing. Established in 1885, the company has forged a strong reputation in producing high-quality forged steel components, which are integral to a wide range of industries, including:

• Mining

• Oil and Gas

• Railway

• Nuclear

• Automotive

• Defence

Over the years, Brockhouse Forgings has become a cornerstone of the West Midlands' industrial heritage, supporting a diverse customer base and maintaining a global presence. As it enters its 140th year, the company has positioned itself as a key player in the steel manufacturing sector, known not only for its heritage but also for its ability to innovate and adapt to changing market demands.

A Boost for Expansion: Six-Figure Funding from UKSE

To further fuel its growth and secure its future, Brockhouse Forgings has received a six-figure funding package from UKSE, UK Steel Enterprise, a regional finance provider that supports businesses in the West Midlands. This funding will provide the financial support necessary for the company to enter new markets, particularly as it continues to innovate in the automotive and defence sectors.

Steve Walters, Managing Director of Brockhouse Forgings, expressed his enthusiasm about the funding, emphasizing the importance of the support they’ve received:

“UKSE have been very supportive throughout the whole process. It's great to know that there is funding out there for the steel-related industries. Whilst we have deep roots in the region, our business is known globally, and as we enter our 140th year in business, we look forward to utilising the funding to grow our customer base to secure the business for another 140 years.”

The funding provided by UKSE will allow Brockhouse Forgings to leverage innovative manufacturing processes, explore new customer bases, and continue its investment in cutting-edge technologies, ensuring it remains competitive and relevant in the global market.

The Role of Select Business Finance and UKSE

The UKSE funding package is part of a broader strategy to help traditional manufacturing businesses in the West Midlands stay competitive. Unlike mainstream banks, Brockhouse Forgings was introduced to UKSE through Select Business Finance, an organisation that specializes in finding alternative sources of finance for businesses in need of growth capital.

Steve Grice, the Area Manager at UKSE, spoke about the company’s potential:

“Brockhouse Forgings are a great example of a traditional manufacturing business looking to innovate and grow. We wish them all the success in their 140th year in business and are delighted to support Steve and the team with their growth plans.”

Through this collaboration, Brockhouse Forgings has received the necessary financial backing to diversify its offerings, expand into international markets, and strengthen its position in sectors that are increasingly driven by technological advancements.

A Family Business with Generational Dedication

One of the most remarkable aspects of Brockhouse Forgings is its deeply entrenched family values. Over the course of its 140 years, many generations of the same family have been involved in the business. This has created a strong sense of loyalty, commitment, and tradition, with a workforce that understands the company’s core values and strives to maintain its legacy of quality and excellence.

Currently, Brockhouse Forgings employs 43 staff members, many of whom have worked for the company for several years, contributing to its success and continuity. With the support of UKSE and Select Business Finance, the company now looks ahead to another century of success, where global expansion and technological leadership will continue to play a significant role.

Brockhouse Forgings' Vision for the Future

As Brockhouse Forgings celebrates its 140th anniversary, it is not simply looking back at a century of success but looking forward to what comes next. The funding from UKSE will allow the company to:

• Expand into new international markets.

• Strengthen its presence in the automotive and defence sectors.

• Continue innovating its forged steel products.

• Enhance its production capacity to meet the demands of a growing customer base.

• Ensure the company remains competitive and sustainable for future generations.

With the strategic support from UKSE and Select Business Finance, Brockhouse Forgings is in a strong position to build upon its legacy and continue thriving in the rapidly evolving global marketplace.

Key Takeaways:

• Brockhouse Forgings, founded in 1885, is celebrating its 140th year of manufacturing forged steel components for sectors including automotive, defence, mining, and railway.

• The company has secured a six-figure funding package from UKSE to support its expansion into new markets and further its growth in automotive and defence industries.

• The company is renowned for its deeply rooted family values, with many generations of the same family involved in the business over the years.

• UKSE is supporting traditional manufacturing businesses in the West Midlands to remain competitive, with a focus on innovation and global expansion.

• The funding package will enable Brockhouse Forgings to invest in cutting-edge technologies, expand its customer base, and ensure the company’s future growth for the next 140 years.

• Select Business Finance introduced Brockhouse Forgings to UKSE, demonstrating the importance of alternative finance for businesses outside the mainstream lending system.

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