Nero's move helped by Lloyds support

Nero Pipeline Connections has moved to a new 20,000 sq ft site on Union Road after outgrowing its previous 6,800 sq ft Hainge Road base.

Formed in 1988, Nero Pipeline Connections is a stockholder of stainless steel products with a broad portfolio of valves, tubes and fittings.

Its products are used in commercial and industrial environments as well as the water, power generation, pharmaceutical and marine sectors.

The move comes at a time when the company is focusing on growing sales by increasing its product range.

As a result of its relocation, the firm has appointed three new members of staff, bringing its total number to 16.

It is also plannuing to purchase new machinery to drive future expansion.

Ross Mooney of Nero Pipeline Connections, said: "Following our steady growth in recent years, it's been a key objective of ours to complete a move into new, larger premises to allow us to increase productivity.

"The financial package from Lloyds Bank has been fundamental to the acquisition of our new base on Union Road and we're well placed to look ahead at further investment in equipment, helping to create more jobs in the months and years to come."

Mandi Roberts, relationship manager at Lloyds Bank Commercial Banking, said: "We're committed to helping local businesses to thrive, and it was clear that this investment was fundamental to help Nero Pipeline Connections reach its full potential.

"This is an investment which has directly helped to create local jobs for skilled tradespeople, and we look forward to working with the firm's management as they move onto the next stage of their growth plans."

Mandi Roberts, relationship manager at Lloyds Bank Commercial Banking, said Nero Pipeline Connections was a fantastic local business.

"We're committed to helping local businesses thrive. In 2014, we grew our net lending to SMEs by five per cent year-on-year, and announced a further commitment to grow lending to small firms by £1 billion (net) each year to 2017.

"This investment has been fundamental in enabling the business to pursue its ambitious strategy for growth and has created local jobs for skilled tradespeople. We look forward to working with the firm's management as they move on to the next stage of their expansion plans."