Roscomac - Support To Improve Productivity And Improve Marketing -
Roscomac is a family-owned precision engineering company based in Worthing. It makes high quality components for the aerospace, energy, medical and transport and defence industries.
Cash flow is a problem for most businesses and Roscomac was no different.
It needed to invest in order to remain efficient, productive and win new business. Managing Director Joe Martello was looking for a funding boost and some help with marketing to ensure the company stayed ahead of the competition.
Joe applied to Coast to Capital for a Growth Grant of £170,000. Which enabled it to make significant investment to improve productivity and quality.
Using the Coast to Capital money as a deposit, Roscomac purchased two new machines. This improved the quality of components and reduced the costs. The additional machines also enabled Roscomac to work around the clock, or what Joe calls "lights out" manufacturing.
Growth advisor Andrew Kerry-Bedell also helped the company develop its marketing platform. Through the Growth Champion Programme, which provides one free day of business consulting, he advised the company on its sales pitch, customer presentations, marketing messaging and its business plan.
While the aerospace part of the business took a hit as a result of the Covid-19 pandemic, the new machines allowed Joe to adapt and successfully increase output providing the NHS with essential equipment.
Roscomac supplies the BD Group, a leading medical technology company, with infusion syringe pumps. The new machines are an integral part of this output.
JOE MARTELLO, MANAGING DIRECTOR OF ROSCOMAC SAID:
"Coast to Capital made the whole process very smooth. They were very supportive and the process was pretty seamless."