Family-run bus refurb business in Northumberland secures rural funding
A long-established family business in Northumberland is driving its expansion plans with a five-figure rural funding package.
Ashington-based Thornton Brothers Ltd, founded in 1979, was awarded £48.8k through the North East Rural Growth Network.
The cash boost supported the firm as it diversified into bus refurbishment work, after years of focusing on truck refurbs.
It has already nabbed deals with a number of large transport operators, including Arriva, Abellio and London United.
Northumberland investment organisation Arch helped Thornton Brothers by assigning a high-growth coach to assist the company with its funding application.
Arch recognised that the company’s expansion project was a good fit with the Rural Business Growth Scheme, through support delivered under the Business Northumberland programme.
The deal follows a visit earlier this year from Barclays Group CEO Jes Staley, when he announced the launch of a new £500m growth fund for Northern SMEs.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
How to make your growth strategy deliver in 2026
Powering a new wave of regional screen indies
A new year and a new outlook for property scene
Zero per cent - but maximum brand exposure
We don’t talk about money stress enough
A year of resilience, growth and collaboration
Apprenticeships: Lower standards risk safety
Keeping it reel: Creating video in an authenticity era
Budget: Creating a more vibrant market economy
Celebrating excellence and community support
The value of nurturing homegrown innovation
A dynamic, fair and innovative economy