99 jobs have been safeguarded, with a further 41 new positions created in Cheshire, thanks to a £275k Northwest Regional Development Agency (NWDA) grant to Advanced Medical Solutions (AMS).
AMS was founded in 1991 in Winsford, Cheshire as an R&D start-up company, focusing on the development of high-performance polymers for the healthcare market.
The capital investment grant, known as Selective Finance for Investment (SFI) will allow the company to remain in the region, merging the current two sites into one and almost doubling the manufacturing facility to 15,000 sq m.
Additional facilities will include the installation of R&D laboratories and supporting infrastructure incorporating a suite of clean rooms, new and re-located manufacturing equipment, utilities and services, together with supporting office and laboratory space.
Mark Hughes, executive director of enterprise and skills at the NWDA, said: ‘Since 1991 AMS has clearly demonstrated its ambition for growth by consistently launching market-driven innovative products and investing in research facilities to secure future growth. The additional facilities will allow the company to take advantage of a growing market.’
He added: ‘The NWDA is committed to supporting businesses that are likely to contribute to the commercial success of the region, creating jobs for the area and increasing the overall wealth of the region.’