Machined Precision Components have received funding from the DRIVE Grant Scheme (Delivering Rural Investment & Vital Employment) which is jointly run by Norfolk County Council and Suffolk County Council.
This fund is designed to encourage and support sound business investment decisions.
The project has received £3million of funding from the England European Regional Development Fund.
MPC have used this scheme to gain business mentoring support, and the funds have been used to aid in the purchase of a new machine, an XYZ CT52LR turning centre.