TMAT Ltd, a Chesterfield, UK-based manufacturer of acoustic solutions for the special vehicles sector, has secured a £1.6m funding with HSBC.
The company intends to use the funding to expand further into global markets and continue its product development plan, innovating new technologies specializing in Polyurethane Elastomer products.
TMAT, which is already exporting its products all over the globe throughout Europe, Asia and the Americas, works with big heavy plant manufacturers, including Case, New Holland Tractors, JCB, Komatsu and Volvo Construction.
Led by Managing Director Jason Lippitt, the company TMAT manufactures acoustic and thermal insulation components, including aesthetic interior, under bonnet and exterior trim for automotive, agricultural, construction and many other vehicle systems. It currently employs more than 100 people.