Heat Trace Ltd, a Frodsham, UK-based developer and manufacturer of electrical trace heating cables and systems, which are used for heating and maintaining temperatures in pipelines, tanks, vessels and pipeline equipment, has received a £182,000 Grants for Business Investment (GBI) from the Northwest Regional Development Agency (NWDA).
The grant will enable Heat Trace to establish a second facility, based in Bredbury, which will be used to develop and produce the necessary equipment to maintain the temperature of liquids in pipes and tanks.
This grant is expected to protect 16 jobs at Heat Trace, as well as creating 33 new roles over the next 3 years.
FinSMEs
13/07/2010