Scottish textile firm ploughs £1m into equipment, looks at sustainability
Halley Stevensons, a historic textile firm supplying waxed cotton to brands including Barbour, is set to invest £1m in new equipment to develop and produce more sustainable fabrics.
The investment is supported by a £300k Scottish Enterprise Regional Selective Assistance grant.
Founded in 1864, the textile firm based in Dundee, Scotland said the funding will safeguard 26 existing positions and create four new jobs.
“Product development is the life-blood of our business and this investment will allow us to continue the good progress we have made so far and challenge ourselves to make new sustainable products,” said managing director James Campbell.
In addition to installing new water-efficient equipment, the investment will support the development of new fabrics from recycled materials and plant-based waxes. This is the largest capital project Halley Stevensons has undertaken since it was acquired by its current owners 19 years ago.
Head of Business Support Services at Scottish Enterprise Anke Heggie said: “It is fantastic to see a company with such a rich heritage enter an exciting period of expansion. Halley Stevensons continues to create innovative textiles in Dundee that are used across the UK and globally by major brands and its ambition to create products from sustainable sources such as recycled cotton and environmentally-friendly wax is exemplary.”
Copyright © 2022 FashionNetwork.com All rights reserved.