One of biggest funding packages
Cash flows to Clearwater in UKSE deal
Unblocked: Scott Webb (UKSE) and Simon Crompton (Clearwater)
Engineering firm Clearwater Controls has received one of the biggest cash hand-outs from UK Steel Enterprise (UKSE) to develop a device which helps unblock wastewater pipes.
The Grangemouth-based business has received debt and equity backing from the Tata Steel subsidiary to help it increase operations.
Since it was founded in 2012 Clearwater Controls has been acclaimed for its device which it has developed in partnership with Scottish Water.
Simon Crompton, managing director, said: “This is an exciting time for our organisation. We have started to build a presence in the US, and have opportunities developing in Europe and Australia. This funding will be crucial in helping us to increase our international penetration.
“We are grateful to UKSE for believing in us and giving us the support we need to expand.”
Scott Webb, regional executive at UKSE said: “Thames Water recently announced it spends almost £1 million a month removing non-flushable items from London’s network of wastewater pipes.
“Clearwater Control is a very innovative business which has the potential to achieve significant success on the international stage and we are glad to be joining them on what is sure to be a very exciting journey.”