Thursday, June 17, 2021

New HQ for engineering firm as multi million-pound loan facility secured

Following support from ASG Finance, Leicestershire-based engineering firm Slack & Parr has now relocated into brand-new headquarters.

ASG provided a multimillion-pound loan facility to enable the move, as well as helping with the costs of fitting out the new premises, and the manufacturer is currently on track to relocate at the end of February.

Formed in the village of Kegworth over a century ago, Slack & Parr has become a leader in the manufacturing of custom precision gear pumps.

Edward Barrington, Managing Director of Slack & Parr Ltd., said: “Slack & Parr are committed to providing our clients with excellence and efficiency, and this state-of-the-art facility will ensure that we are more than capable of doing so for years to come.

“Everybody at the company is hugely excited following the move into our new home, and on behalf of the whole team I’d like to say thank-you to ASG for providing their support on this project.”

Mark Heyes, ASG Finance’s Lender and Business Developer, said: “We’re very happy to see that Slack & Parr have moved into their new headquarters and it’s been a pleasure to lend a helping hand during what is always an exciting and challenging process.

“We wish them all the best for the future in their new premises and look forward to further opportunities to assist businesses looking to expand and invest in their futures. I’d also like to thank Dave Chapman at Midlands Asset Finance for the introduction to Edward and his team.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.