New Jobs Eyed by Historic Firm After New Funding Secured

The Nuneaton branch of a tool manufacturing business formed more than 100 years ago in Detroit, is looking to create new jobs after securing crucial funding.

Cogsdill, which was formed in 1914 as a cutting tool, regrinding and repair service in Detroit, has had a UK base in Nuneaton for over 60 years, most recently moving to the Bermuda Industrial Estate in 2014.

Now, the firm has secured funding for crucial equipment in the shape of a £120,000 Doosan milling machine and a £45,000 Co-Ordinate Measuring machine, just weeks after contacting the Coventry and Warwickshire Local Enterprise Partnership Growth Hub for assistance.

The CWLEP Growth Hub is a partner in Coventry & Warwickshire Business Support programme for which Coventry City Council is an Accountable Body and is part-funded by the European Regional Development Fund.

CWLEP Growth Hub has a team of dedicated account managers who help put businesses on the right path towards growth, whether that is through funding, networking opportunities or advice.

Money to go towards the two pieces of equipment was secured within six weeks of Cogsdill making contact with the Growth Hub.

Finance Manager Lloyd Spencer said: “This machinery is going to enable us to be more efficient and productive, we are really taking a step up from our current equipment.

“We believe this will lead to us eventually creating up to five jobs over the next 12 months.

“Working with the Growth Hub has given us tangible results almost immediately.

“We were unaware of the funding available before Growth-Hub pointed us in the right direction.”

After starting life in the USA’s famous ‘motor city’ and building a second home in the UK, the family business is now headquartered in Camden, South Carolina.

It is currently owned and operated by the second and third generation descendants of Stuart Cogsdill, who built the companies foundation on manufacturing special tools for early automotive pioneers such as Henry Ford and the Dodge brothers.

Now, the 40 plus staff in Nuneaton will be taking advantage of top of the range machinery to supply the leading industries and manufacturers of today.

Lee Donaldson, Executive Director, said: “our customer base has grown to several different markets including aerospace, oil and gas, renewable energy along with our automotive roots and motorsport.

“These are very demanding sectors and we needed this investment to satisfy our growth objectives and customer requirements.”

Gary Thyeson, account manager with the Coventry and Warwickshire LEP Growth Hub, said: “Cogsdill has a long and successful history, which we are pleased to be able to help continue here in Nuneaton.

“We are particularly pleased to have been able to help Cogsdill access funding so soon after we were initially contacted by them, which shows how quickly we can act and the wide range of services we can offer.

“We look forward to seeing Cogsdill grow over the coming years after this boost.”

Kieran Bal, Business Development Advisor at Coventry City Council said: “It’s great to see the difference our funding has made to Cogsdill and we look forward to helping other likeminded, ambitious companies in the future”.

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Client testimonials

Without the Growth Hubs help and assistance, we would never have been able to increase our sales & output and also grow our local business. With this help in purchasing new equipment we have expanded our operations and gained a new and increased customer base.

Nuneaton Roof Truss,

Over the past few years, Armstrongs has built up a fantastic relationship with Gary Thyeson from the Growth Hub. His advice on grants and funding has been really valuable to both Armstrongs and some of our clients. His knowledge of local business support has been helpful in signposting us to relevant support agencies as required. We look forward to working with Laura Delahunty moving forwards.

Armstrongs Accountancy LTD,

In the short time since first engaging with the Warwickshire Growth Hub we feel that Laura has understood our vision and has been so very supportive in linking us to the specialist teams who are now supporting us with training, finance and recruitment. A great service that every growing organisation should connect with

MES Systems Limited,

I have had an excellent experience working with Laura from the Growth Hub, from day one, she was taking detailed attention to my concerns and ideas. She was able to put me in contact with different organisations and people to find out answers to my questions and help me to solve some inquiries I was having. I feel this support definitely had a positive impact in my plans.

PALACIOS LTD,

It’s been a fantastic inaugural eight months for the TalentTech Recruitment team and, although the reality of setting up and running a company can be a somewhat daunting experience, we have been extremely grateful for the superb help, advice and guidance given to us along our journey by Gavin Barnett and the team at CW Growth Hub. Gavin’s introductions to both Warwick & Coventry Universities and his wider business network have been absolutely invaluable.

TalentTech Recruitment LTD,

For many individuals out there, it is very hard to figure out ways and know which direction to go when it comes to setting up a business. The challenges of taking your idea and bringing it to life and not knowing where to go and who to speak to for advice. it can get very frustrating..

King of Saffron LTD,

This grant [which we received with the help of the Growth Hub and Coventry City Council] will really help us get on track for business growth and succeed with our vision. Personally, I would also like to thank the team for supporting me through the grant application process. You have been very approachable and attentive throughout.

Exeter Analytical (UK) Limited,

Thank you for the comprehensive and professional guidance

Burbidge & Son Ltd,

Over the years since the Growth Hub was set up we have habitually gone to our Account Manager as a one-stop shop for all business-related information. It has been a really convenient way of finding suppliers, advisors and, on one occasion, we even asked for assistance with finding customers. We are invited to a wide range of business events including business development workshops, Brexit roundtable discussions, seminars on various topics and have also been asked to speak at some events. When we have needed additional information, for example, finding finance sources or help with selecti

Marchantcain Design Limited,

Thanks to CW Growth hub getting us access to grant funding we have been able to invest in the latest computer monitoring system, which will enable us to compete with the national companies within our industry.

Comrie Leisure Limited,