GBP 750,000 equity investment for Noel Village

Following a GBP 750,000 equity-linked investment from Finance Yorkshire, Doncaster-based Noel Village foundry will invest in new heat treatment facilities, which will ensure shorter lead times for customers. The firm is one of the UK’s leading low-volume stainless and high alloy steel foundries, and its products are used by valve and pump manufacturers around the world.

A family owned business established in 1980, Noel Village has progressed from casting carbon steels for mining and engineering purposes to high specification steels for the oil, gas and nuclear industries. The funding from Finance Yorkshire means that the business will no longer have to sub-contract heat treatment works and will instead be able to complete the process in house. In addition, Noel Village has further strengthened its management team by appointing former Sheffield Forgemasters Chairman and Chief Executive David Fletcher as the non-executive chairman.

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