South Lanarkshire-based BHC Ltd (BHC), one of the UK’s leading structural steelwork fabricators and erectors, is to expand its business capability thanks to £3m of facilities from Royal Bank of Scotland Corporate & Institutional Banking (RBS CIB) and Lombard Asset Finance.
Celebrating 20 years in business, BHC has evolved into a highly-competitive participant in the supply, manufacture and design of steel-framed buildings and structures for agricultural, commercial, residential and educational sectors.
BHC has a turnover of £32m and a strong relationship with clients including well-known retailers which, among others, rely on the firm to design and build their stores, and local authorities where they have provided the steel frames for various new schools around Scotland.
With 285 staff, BHC is also the largest employer in the Lanark area and runs an established and successful apprenticeship programme, a key part of its hands-on business development strategy, having 30 apprentices currently working across its operations; over 10% of its staff.
BHC has established its reputation by offering its customers the very latest customer solutions: it has advanced beam drilling and plasma cutting lines; the world's leading 3D structural steel detailing system (Tekla structures); and it recently built a new 2,700m² paint shop on its 50-acre site.
The new £3m facilities will be used by BHC to invest in the latest technologies and processes as the firm looks to escalate its business growth: the first project to receive funding is the purchase of two 80-tonne cranes that will significantly improve the installation and delivery process of BHC’s structures.
Brian Hewitt, managing director at BHC, said: "We were impressed with the service that Royal Bank of Scotland were able to provide with a compelling combination of a local branch, a dedicated relationship team and a strong electronic banking platform. The new facilities package provides us with the confidence to continue to invest in the business. The solutions offered will assist BHC in the next stage of its development. We believe BHC is a first-class company, not just in the products we offer, but in the processes and the staff behind them, and I’m delighted to now be working with a first-class banking partner."
Jim McIntyre, regional director for Royal Bank of Scotland Corporate Banking, said: "BHC is a fantastic success story; forward thinking and continually investing in the development of the business. It’s important that businesses have the confidence to invest in their future and we will do everything we can to build this confidence and provide the required funding for ambitious Scottish companies."
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