Wilson Power Solutions in Leeds, which manufactures energy infrastructure equipment, is continuing to grow, helped by a seven-figure funding package from HSBC.

With plans to grow its business in the UK and in India, Wilson Power Solutions was established in 1946 and is a manufacturer of industrial switch gears and battery trip units.

In recent years, it has invested in developing its presence in India and has agreed a partnership with HSBC to help scale growth.

The funding package from the bank will provide working capital to support the company as it seeks to secure key contracts, such as the one with the India national railway. The investment will help Wilson Power Solutions to scale up its workforce internationally and to purchase raw materials at short notice. It is predicted that Indian operations will grow 50 per cent in the next year.

Simon Wilson, Wilson Power Solutions’ managing director, said: “Manufacturing in the UK has been, and will continue to be, key to our company’s growth and success.
“However, our continued investment in our manufacturing facility in India continues to reap rewards for our business, allowing us to capitalise on the booming local economy and win new contracts.

“HSBC’s global footprint has also allowed us to bring all our trade facilities seamlessly under one roof, giving us the means of meeting larger, more demanding contracts.”
Headquartered in Beeston, Wilson Power Solutions is a family-run firm employing over 140 people worldwide. Last year, the company achieved turnover of £17.3m and it has supplied energy infrastructure for clients such as Tesco, SSE and the NHS.