Sourced from Salisbury Journal - follow link to original article
A LONGSTANDING carpet manufacturer has bought a new loom that will increase production capacity by 25 per cent and allow the business to expand into new international markets.
Wilton Carpets, established in 1619, designs and weaves a range of high quality carpets for hospitality and leisure venues such as hotels and pubs across the UK, Europe and North America.
The business provides a bespoke service, allowing clients to design their own carpets. To increase weaving speeds, it needed to buy the latest carpet loom technology.
The new kit is the first of its kind in the UK and will transfer electronic designs to the carpets, speeding up production by 50 per cent and eliminating yarn waste.
Lloyds Bank Commercial Banking is the long-term banking partner to Wilton Carpets, and relationship manager Mike Bilson introduced the business to the bank’s Commercial Finance team, which provided a hire purchase facility to buy the kit without affecting its day-to-day cash flow.
James MacAdam Sprint, chief executive of Wilton Carpets, said: “We’re committed to enhancing our established brand and further building our reputation for providing high quality service to our clients. There’s an increased demand for high quality British products and we’re proud to be able to supply our heritage brand overseas as well as to clients in the UK.
“We’ve enjoyed a continued relationship with Lloyds Bank and we’re pleased that the team has helped us to make a giant leap forward in our production process. We’re looking forward to working with them again in the future as our business continues to grow.”