Monday, December 2, 2024

Micromix sows seeds of success with £235,000 funding package

A Nottingham-based manufacturer of plant micronutrients and biostimulants is investing in growth with the purchase of new machinery thanks to a £235,000 funding package from HSBC UK.

The new automatic liquid filling machine will enable Micromix Plant Health to increase its output of plant nutrients and bio stimulants bottle production by some 250%.

This process was previously very labour intensive, so the new equipment will lead to a vast boost in productivity for the company, representing a significant step forward in Micromix Plant Health’s future growth plans.

With this increased capacity, the business is well positioned to meet increased demand over peak periods, enabling a boost in sales and an opportunity to meet the additional requirements of both existing and new clients either for Micromix products or for additional white label production and packaging.

The new kit will also improve the company’s agility in responding to last minute orders – a critical advantage given the urgency in addressing crop nutrient deficiencies or opportunities to enhance yields as agronomists determine them during the crop growth cycle.

The investment follows a management buyout in March 2024 which has allowed for greater scope for investment and ambitious forward planning.

Tom Mawhood, Director at Micromix Plant Health, said: “Having only completed the MBO of the company a few months ago, we are thrilled to have already been able to make this important investment, automating a key process to significantly boost our capabilities. This will be a gamechanger for us, and we’re excited to continue to modernise our equipment and take on more customers.”

Simon Phillips, Relationship Manager at HSBC UK, said: “The new machinery is a catalyst for Micromix Plant Health’s growth, enabling the business to ramp up production and swiftly meet market demands. This is a prime example of how strategic funding can drive innovation and success, and we are thrilled to support the new management team as it takes its first step in its ambitious growth plan.”

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.

Close