Close Brothers expands manufacturing division

£man300The loans firm Close Brothers has announced the appointment of Timothy Hymas, who worked for the industrial distributor Cromwell for more than 20 years, to its manufacturing division.

He will be responsible for generating new business and delivering bespoke asset finance solutions to the manufacturing sector and says he will have “a clear focus on supporting UK manufacturing”.

Hymas continued: “Manufacturers are experiencing challenges on a number of fronts; issues such as the rising cost of raw materials, fuel costs and pressure to meet green targets are all squeezing profit margins. I believe we have a number of solutions that will not only ease these financial burdens, but actually enable companies to invest and expand too.”

Copyright Ken Hurst 2013

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About Ken Hurst

Ken Hurst began his career as a journalist in London over 30 years ago, working on a range of publications before moving on to weekly newspaper production in the newly-independent Zambia of the 1970s. He returned to the UK where his work included spells on newspapers and magazines, before moving to head up Norwich Union’s corporate affairs division. In the 1990s he moved on to freelance, co-own and publish the B2B audio magazine Sound and front the BBC radio Yesterday’s Papers programme. There followed six years as Business Editor at Britain’s biggest selling regional daily newspaper, The Eastern Daily Press, where he led an award-winning team and for whom he still writes a weekly socio/political comment column. Subsequently, he was Group Editorial Director at CBM, responsible for its UK and US magazine output – including The Manufacturer magazine – research-driven industry reports and live events content. Currently he is Contributing Editor at Works Management magazine publisher Findlay Media and Chairman of the consumer publishing house TNT Multimedia Ltd. He is a Fellow of the Royal Society of Arts and of the British Association of Communicators in Business.
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