Based in Wolverhampton, Midland Cold Rolled Sections (MCRS) works with steel, aluminium and other malleable materials, providing specialist cold rolled sections and profiles to many industries across the UK. The company purchases all its materials locally in the Black Country, resulting in additional growth in the local supply chain.

MCRS, which specialises in cold rolled sections and profiles for the UK cabling industry, will use the investment to purchase a new cold rolling machine. The machine manufactures a key component used for cable management systems in new offices and has secured a new contract, which is expected to add an additional 30% to the company's turnover.

The company currently employs 11 members of staff, and the new contract beginning in 2026 will allow MCRS to create additional new roles.

Originally established in 1993, the business was acquired by current owners Neil Plant and Wayne Fletcher in 2016 following a £25,000 loan for working capital from BCRS Business Loans.

MCRS Director Neil Plant said: "The support from BCRS Business Loans has been instrumental to our success, both when we acquired the business in 2016 and now as we continue to grow.

"This latest investment in new machinery will allow us to meet increasing demand and expand our capabilities. We're proud to source all our materials locally, which means our growth directly benefits other Black Country businesses and the wider regional economy.

"The new equipment will enable us to take on additional contracts and create new job opportunities for skilled workers in our community."

BCRS Business Loans senior business development manager Lynn Wyke commented: "We are delighted to support MCRS once again as they continue to grow and invest in their business.

"MCRS is an excellent example of how access to finance can help businesses thrive and contribute to the local economy. By purchasing materials locally and creating new skilled jobs, MCRS is making a real difference in the Black Country.

"We're proud to have supported Neil and Wayne's journey from acquiring the business to now expanding their operations, and we look forward to seeing the company go from strength to strength."

Beth Bannister, Senior Investment Manager at the British Business Bank, said: “Supporting Midlands businesses to grow and take the next step in their journey is exactly why the Midlands Engine Investment Fund II was established. It’s fantastic to see ambitious companies like MCRS applying for funding through our expert fund managers, who not only help provide access to finance but also offer guidance and support throughout the funding process.”

The Midlands Engine Investment Fund II drives sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the Midlands.

The Midlands Engine Investment Fund II will increase the supply and diversity of early-stage finance for smaller businesses in the Midlands, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.

Since BCRS Business Loans was founded in 2002, it has provided loans worth more than £100m to businesses. A social impact report for the last financial year showed BCRS lent £9.9m to 124 businesses, safeguarding 889 jobs and creating 317 roles, adding £51.2m in value to the economy of the West Midlands and surrounding regions, and Wales