Fund supports expansion
Glasgow nappy firm steeled for expansion
UKSE, the Tata Steel subsidiary set up to help small firms, has been providing ongoing backing to Tots Bots since 2010.
Established in 2001, the firm designs, manufactures, distributes and retails its own brand of re-usable cloth nappies and associated products. It is now a market leader in the UK re-usable and eco-friendly baby products market.
The brand is stocked in Boots and Tesco as well as in a number of independent retailers, which are supplied from its new 20,000 sq. ft. premises in the east end of Glasgow, double the size of its previous factory.
Managing director, Magnus Smyth, said: “The support from UKSE has been invaluable in growing our business. It has always been important to us to be made in Scotland and the backing of UKSE has helped us stay here and nurture the business.
“We now have working capital to activate our growth plans which will see us expand the business and recruit local talent. The boost to our workforce, will put us in a prime position to compete in the global market.”
Scott Webb, UKSE regional executive for Scotland, added: “Husband and wife team Magnus and Fiona Smyth have grown the company from a start-up at their kitchen table to a significant local employer. They know the business and their customers inside out. This is exactly the type of business that we are excited about supporting.
“UKSE saw their enthusiasm and expansion strategy as an excellent opportunity to invest in a Scottish company with a huge growth potential and a commitment to training and developing staff.”
UKSE is celebrating 40 years of supporting economic regeneration and the development of areas in the UK which have been affected by changes in the steel industry.
In that time more than £23 million has been invested in Scotland alone, helping more than 1,447 businesses to create more than 17,000 jobs. It also supports local communities and to date has given more that £1 million to communities groups.