Manufacturer secures £3.5m to fulfil growing international demand

Rautomead, a Dundee-based manufacturer of specialist casting equipment, has secured a £3.5 million funding package from to support growing global demand and strengthen its supply chain.

The funds will support the delivery of new international contracts and help manage the business’s supply chain requirements through a strategic global growth plan.

Rautomead designs and builds continuous casting equipment for the production of non-ferrous metals and alloys. Its machinery finds use in a range of applications, from the production of high-specification wire for high-speed rail networks and automotive signal wire, to specialist uses such as coin and bullion manufacturing.