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Firm is frying high thanks to £100k
10:19am Wednesday 20th February 2013 in Business News
A NORTH-EAST firm which is the UK’s largest producer of fish and chip shop fryers has secured £100,000 investment to boost its European operations.
Martyn Edwards-Frank Ford, which employs 38 workers at its factory in Redcar, east Cleveland, received the money from UK Steel Enterprise (UKSE), a subsidiary of Tata Steel, to expand its Omega range.
The company, which bought Frank Ford in 2005, makes three types of fish frying ranges and currently has more than £250,000 of work in its order books.
Bosses say they will target Scandinavian markets with the new range, and hope to create at least five more jobs this year and double the size of its plant.
Managing director Dave Atkinson, a former steel worker, said: “It has been a lengthy process developing the Omega, but the time and effort is really paying off now. It ticks all the boxes for fast-food businesses, particularly at a time when energy prices are rising. The investment came at just the right time as finding finance is difficult.
“We were delighted when UKSE was prepared to back us and we are very positive about our future.”
Simon Hamilton, UKSE regional manager, said: “Martyn Edwards- Frank Ford is a real success story for Teesside and the North, and we have every confidence they will succeed in Europe.”