Wiltshire carpet manufacturer eyes expansion

A Wiltshire-based carpet manufacturer has said it will increase production capacity.
Wilton Carpets received £1.3m investment allowing it to invest in new technology, which it says will increase efficiency.
Support from Lloyds Bank included asset finance, trade capital import finance and CGFI funding, which Wilton Carpets used to invest in a new high-speed loom. This the company hopes will push forward growth over the next few years as it aims to increase its manufacturing capabilities while improving energy efficiency and reducing costs.
The new machine will replace four narrow looms, reducing the amount of power consumed by 15%. The technology also weaves two and a half times faster …