Dundee-based machinery manufacturer Rautomead has secured a £3.5m (€4.1m) funding package from HSBC UK to support growing international demand and strengthen its supply chain operations. The financing is intended to support production continuity as the company delivers new overseas contracts across its specialist equipment portfolio.

Machinery Market reported that the funding will enable Rautomead to manage supply chain requirements more effectively while executing a broader international expansion strategy targeting India, South America and Turkey.

Founded in 1978, Rautomead designs and manufactures continuous casting equipment used in the production of non-ferrous metals and alloys. Its machinery supports applications including high-specification wire for rail and automotive signalling, as well as specialist uses such as coin and bullion production.

The company exports the majority of its output to international markets including Europe, the United States, Vietnam, Australia, Canada and China, reflecting a diversified global customer base within precision industrial manufacturing.

Rautomead said the funding follows a period of renewed demand after post-pandemic market disruption, with order volumes increasing across its customer network. The company added that financial support will help maintain operational stability while fulfilling new international contracts.

Stephen Hall, director at Rautomead, said: "Following a challenging period for the market, we are now seeing strong demand return across our international customer base."

He added: "This funding gives us the flexibility to manage our cashflow effectively and fulfil new orders, including opportunities in new markets."

HSBC UK relationship manager Tim Laundon said: "Rautomead is a long-established manufacturer with a strong international reputation in a highly specialised sector."

He added that the manufacturer has demonstrated resilience by adapting to changing market conditions while maintaining export performance across global markets.

The funding package reflects continued lender support for specialist UK manufacturers with strong export profiles, particularly those operating in niche engineering and advanced production equipment segments.

Read the full story on Rautomead’s funding and international expansion strategy.