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The Wales Times (TWT) > Wales Local News​ > Newport News > Newport’s Climar Secures £300k from Wales Investment Fund
Newport News

Newport’s Climar Secures £300k from Wales Investment Fund

News Desk
Last updated: January 29, 2026 8:41 am
News Desk
3 months ago
Newsroom Staff -
@WalesTimesNews
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Newport's Climar Secures £300k from Wales Investment Fund
Credit: Google Maps/Michael Hall

Key Points

  • Climar Industries, based in Newport, Wales, specialises in high-quality, low-maintenance metal fencing solutions under the ColourFence brand.
  • The company manufactures and distributes metal fencing panels, railings, gates, and sheds from its Newport facility.
  • Products are designed to be low-maintenance, sustainable, aesthetically versatile, and resilient to extreme weather, serving as a durable alternative to traditional fencing.
  • Secured a £300,000 loan from the Investment Fund for Wales, managed by FW Capital.
  • Funding will introduce new product lines, including complementary garden solutions and innovative fencing designs, to meet rising customer demand.
  • Investment supports business growth, sustains momentum, creates and safeguards jobs, and bolsters manufacturing resilience and domestic supply chains in Wales.
  • ColourFence range is fully recyclable, fire-resistant, sustainable, requires no toxic chemical treatments, paints, or paint strippers for maintenance, with a guaranteed lifespan of around 25 years.
  • Reduces replacement cycles and waste due to low-maintenance nature.
  • Investment Fund for Wales is a British Business Bank initiative offering debt finance from £100,000 to £2 million, delivered by FW Capital.
  • Company established in 2003, has a seven-figure turnover, employs around 50 people, supplies customers across the UK and Ireland.
  • Statements from Mark Stewart-Woods (CEO), Muhammad Awais (Finance Director), Arushi Jolly (Investment Executive at FW Capital), and Bethan Bannister (Senior Investment Manager at British Business Bank).

Newport, Wales (The Wales Times) January 29, 2026 – Climar Industries, the Newport-based manufacturer behind the ColourFence brand, has secured a £300,000 loan from the Investment Fund for Wales, managed by FW Capital, to accelerate its growth plans. This funding will enable the company to launch new product lines amid rising demand for its sustainable metal fencing solutions. The investment underscores the strategic importance of manufacturing resilience and domestic supply chains in Wales.

Contents
  • Key Points
  • What Is Climar Industries and What Does It Produce?
  • How Will the £300,000 Loan Be Utilised?
  • What Is the Investment Fund for Wales?
  • What Do Company Leaders Say About the Funding?
  • Why Did FW Capital Back Climar Industries?
  • When Was Climar Industries Established and What Is Its Track Record?
  • How Does This Funding Impact Jobs and the Local Economy?
  • What Makes ColourFence Products Sustainable?
  • Who Manages the Investment Fund for Wales?
  • What Are the Broader Implications for Welsh Manufacturing?

What Is Climar Industries and What Does It Produce?

Climar Industries operates from its facility in Newport, specialising in high-quality, low-maintenance metal fencing solutions. The company manufactures and distributes metal fencing panels, railings, gates, and sheds under the ColourFence brand. These products are engineered to be sustainable, aesthetically versatile, and resilient to extreme weather, positioning them as a durable alternative to traditional fencing options.

The ColourFence range stands out for its environmental credentials. It is fully recyclable and fire-resistant, requiring no toxic chemical treatments, paints, or paint strippers for ongoing maintenance. With a guaranteed lifespan of around 25 years, the products significantly reduce replacement cycles and associated waste.

How Will the £300,000 Loan Be Utilised?

The £300,000 loan from the Investment Fund for Wales will fund the introduction of new product lines. These include complementary garden solutions and innovative fencing designs tailored to meet escalating customer demand. As reported in the original announcement, the investment is designed to underpin broader business growth, sustain current momentum, and support the creation and safeguarding of jobs.

This financial boost comes at a pivotal time for Welsh manufacturing. It reinforces domestic supply chains, which remain strategically vital amid economic challenges.

What Is the Investment Fund for Wales?

The Investment Fund for Wales is a British Business Bank initiative aimed at supporting smaller businesses across Wales. It provides a range of finance options, including debt finance from £100,000 to £2 million, with FW Capital handling delivery. Launched two years ago, the fund has backed a diverse array of businesses in various sectors and communities throughout Wales.

Bethan Bannister, Senior Investment Manager, Nations and Regions Funds at the British Business Bank, commented on the fund’s role:

“The Investment Fund for Wales was created to help support ambitious businesses like Climar, which is moving into the next stage of its development. Two years on from the Fund’s launch, we have supported a wide range of businesses across diverse sectors and communities throughout Wales. We look forward to seeing how this finance enables Climar to continue its growth trajectory.”

What Do Company Leaders Say About the Funding?

Mark Stewart-Woods, CEO of Climar Industries Group, highlighted the company’s growth trajectory. He stated:

“Climar has grown by focusing on quality, reliability and a product that genuinely meets customer needs. This investment will help us expand into new product lines and build on the momentum we’ve created as the business evolves. We’re proud that our manufacturing remains rooted in Newport while our products reach customers across the country, and we’re excited about the next stage of growth.”

He further elaborated on future ambitions:

“The investment supports our ambition to grow significantly and potentially double in size over the next few years, strengthening the manufacturing landscape here in Newport while continuing to serve customers nationally.”

Muhammad Awais, Finance Director at Climar Industries Group, praised the funding process. He said:

“This funding gives us the working capital headroom to invest in the products we know the market is asking for, while protecting the stability of the wider business as we grow. FW Capital were efficient and straightforward to work with, and the process was handled with clarity and pace, which is exactly what you need when you’re managing growth.”

Why Did FW Capital Back Climar Industries?

Arushi Jolly, Investment Executive at FW Capital, provided insight into the decision. She noted:

“Climar Industries Group is a Welsh-origin business that has built and sustained its manufacturing base in Newport since it was established in 2003. With a seven-figure turnover and a workforce of around 50 people, it has a strong track record of adapting to market change and continuing to grow, while supplying customers across the UK and Ireland.”

Jolly emphasised the company’s competitive edge:

“What particularly stands out is the group’s position in a market with limited competition and a product proposition that differentiates it from many alternatives, including the use of high-grade steel and a long-standing product guarantee. This loan from the Investment Fund for Wales will support Climar’s growth and expansion plans while also backing a manufacturer with clear sustainability credentials.”

When Was Climar Industries Established and What Is Its Track Record?

Climar Industries Group was established in 2003 in Newport, Wales. Since then, it has maintained a robust manufacturing base, achieving a seven-figure turnover and employing approximately 50 people. The company has demonstrated adaptability to market changes, sustaining growth while expanding its reach to customers across the UK and Ireland.

Its products’ unique attributes – high-grade steel construction, long-term guarantees, and sustainability features – have carved out a niche in a competitive sector with limited rivals.

How Does This Funding Impact Jobs and the Local Economy?

The loan directly supports job creation and safeguarding at Climar’s Newport facility. With around 50 current employees, the company’s plans to potentially double in size over the coming years could significantly boost local employment. This aligns with broader efforts to fortify manufacturing in Newport and Wales.

The emphasis on domestic production enhances supply chain resilience, a key priority for regional economic stability. By rooting operations in Newport, Climar contributes to the area’s manufacturing landscape while serving a national customer base.

What Makes ColourFence Products Sustainable?

Sustainability is at the core of the ColourFence range. The products are fully recyclable and fire-resistant, eliminating the need for harmful maintenance chemicals. Their 25-year guaranteed lifespan minimises waste by extending replacement intervals far beyond traditional fencing.

These features position Climar as a leader in eco-friendly manufacturing. Customers benefit from versatile, weather-resilient options that maintain aesthetics without ongoing upkeep.

Who Manages the Investment Fund for Wales?

FW Capital manages the Investment Fund for Wales on behalf of the British Business Bank. The fund’s debt finance products, ranging from £100,000 to £2 million, target ambitious smaller businesses. FW Capital’s efficient processes, as noted by Climar’s Finance Director, facilitate swift support for growth initiatives.

Arushi Jolly’s assessment underscores FW Capital’s role in identifying high-potential Welsh enterprises like Climar.

What Are the Broader Implications for Welsh Manufacturing?

This funding exemplifies support for resilient manufacturing amid economic pressures. Climar’s expansion reinforces Newport’s status as a hub for innovative production. By prioritising sustainability and quality, the company addresses market demands while contributing to Wales’ green economy goals.

The British Business Bank’s involvement signals sustained commitment to diverse Welsh sectors. As Bannister indicated, such investments propel businesses into new development phases, fostering widespread economic benefits.

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