Lombard Investment brings manufacturing process back to the UK

We’re now NatWest Group

Come and visit us for all our latest news, insights and everything NatWest Group.

Lombard Investment brings manufacturing process back to the UK

Manchester-based computer systems manufacturer Tranquil PC has invested £30k to bring part of its production process back to the UK from China.

Supporting corporates

05 October 2011

The company has installed a new CNC milling machine to produce aluminium casings on site after securing funding from Lombard, the asset finance arm of The Royal Bank of Scotland. These casings were previously produced by a Chinese supplier.

The investment means that Tranquil PC now has a completely self sufficient production process and has led to the creation of one new job at the Trafford Park base.

Tranquil PC manufactures a range of energy efficient and silent PCs that have a low carbon footprint as they operate on just 20-30% of the power of a standard computer. By using less electrical power they are better for the environment and represent a contrast to standard PCs, which are one of the main contributors of harmful greenhouse gases due to the electricity used.

The company's PC products are more energy efficient because they don't contain any moving parts except the hard disk and there are no fans are required to cool the processors. This means they are noise free and due to the specially selected components used operate on a fraction of the power needed to run a standard PC.

Established in 2003, the company's customers include T-Mobile. Alcatel and the BBC.

David Thompson, Tranquil PC's Managing Director, said: "This investment makes sound commercial sense. It enhances our manufacturing capabilities and gives us complete control over the production process. It is also very satisfying to be able to bring a manufacturing enterprise back to the UK."

Paul Baxter from RBS and Thomas Brown from Lombard provided the funding. Thomas, a senior relationship manager at Lombard, said: "Tranquil has a good track record of investing to improve its operations. We are very please to provide the financial support needed to support their latest plans."

Latest news

RBS to help 2.5 million people each year to be more financially capable

RBS has today committed to helping 2.5 million people in the UK each year to improve their financial capability.

RBS to increase lending to sustainable energy sector following £1.1bn securitisation of loans to UK sustainable energy market

RBS has executed a £1.1bn securitisation deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS), which will allow the bank to recycle capital and increase lending to the sustainable or renewable energy sectors.

RBS launches £1 billion Female Entrepreneurship Funding and announces targets to help create at least 50k new businesses by 2023

RBS has today announced a new £1 billion in funding through NatWest to support female entrepreneurs in the UK to scale and grow – the largest intervention by a UK lender focused specifically on female-led businesses.

We’re now NatWest Group

Come and visit us for all our latest news, insights and everything NatWest Group.

Set Tab for lightbox