Blackpool, Lancashire, England - Northern Neon Lights has secured a £525,000 finance package to invest in new equipment from HSBC's Lancashire and Cumbria Commercial Centre. The company has acquired a new state-of-the-art fiber laser cutting machine, which will allow it to broaden its product offering to customers.
Formed in 1958 by Herbert Cockerill, the business is now run by his son Stephen and Stephen's nephew Robert, along with managing director Jonathan Thompson. Stephen said: "The investment is aimed at giving the business greater capacity and flexibility to target new customers in the area of laser cutting. The business has evolved over the years, and laser cutting and fabrication are now our main business areas."
The new machine brings its range of laser cutting machines to five and enables the firm to work with material such as copper, brass, and nickel, which they could not do on existing machines.
Sign-making now represents only 20 percent of the business' activities, with the remainder focused on fabrication and laser cutting. The company employs 30 people and generates a turnover of £2.7m a year.