Tablet Tooling Manufacturer Wins Regional Award in HSBC Global Connections Initiative

Pharma Manufacturing News +

Nottingham-based I Holland has won the prestigious HSBC Global Connections initiative, winning the regional final against six other Midland based companies out of a total of 400 entrants.

The HSBC Global Connections initiative supports and celebrates innovative, globally-minded, UK businesses and looks for companies that are forward-thinking and ambitious, helping to further their growth agendas overseas.

I Holland’s Finance Director, David Hinds, commented: “We were honoured to be named the regional winner of the HSBC Global Connections competition. We have worked hard to expand the company and we now sell to 85 countries globally and have a network of 40 agents worldwide. Six decades of research, development and investment have helped us get to this stage.”

Recognised for its global reach, ongoing innovation and progressive ideas, I Holland is eligible for up to £6m of funding, plus a cash reward of up to £120,000.

“I Holland has a track record for innovation and we have to continue doing that to keep ahead of our competitors,” continued Hinds. “The funding will help us to develop projects that will keep the businesses moving forward and will give us the opportunity to build on existing developments, like the company’s Asia subsidiary in South Korea.”

Established in 2011, I Holland’s Asia subsidiary was created to give the company greater control of the company’s near-net-shape supply chain in the region. In its first year of trading, it achieved profits of £220,000 on sales of £2.2m and is going from strength to strength.

Another initiative that will benefit from the HSBC Global Connections win is the TSAR (Tabletting Science Anti-Stick Research) project. With the assistance of Nottingham University’s School of Pharmacy, a research programme is being undertaken to investigate the cause of tablet formulation sticking.

Hinds concluded: “We have a track record for innovation and we have to maintain that to keep ahead of our competitors. TSAR is just one of those projects that will propel the company forward and the award is a welcome boost to help us achieve this.”

I Holland will now be entered into the national finals of the HSBC Global Connections competition, where a financial reward of up to £240,000 is available.

I Holland Ltd, +44 115 972 6153, info@iholland.co.uk, www.iholland.co.uk.