Merinova’s support for funding and quality management

Maprotec grows without compromising on quality

Growing demand calls for more than new machinery. It also requires effective processes and the right funding. Merinova has helped machining company Maprotec update its quality management system and explore funding options for its next phase of growth.

Based in Raippaluoto, Maprotec manufactures complex metal components for the energy industry and other sectors. Precision machining and an experienced workforce are among the company’s strengths, but growing demand has pushed its existing premises and machinery to their limits.

To address this, Maprotec is planning an investment of more than €2 million in expanded production facilities, new machinery and automation. Preparing a major investment, however, takes time and expertise that a small organisation also needs to run its day-to-day operations. This is where Merinova has stepped in.

Making sense of funding options together

Merinova has worked with Maprotec to identify suitable funding options for the investment and prepare application materials. This collaboration has helped refine the investment plan and clarify the next steps in applying for funding.

“In a small company, we don’t have a dedicated team to keep track of every funding opportunity and write applications. We need a partner who knows the options, interprets the requirements and works with us to prepare the materials,” says CEO Asko Salminen.

The search for suitable funding continues. The aim is to find a solution that supports both the expansion of the premises and investment in production.

Making quality management work day to day

The collaboration has already delivered tangible results in Maprotec’s quality management. Over the years, overlapping and sometimes conflicting documents had accumulated in the quality management system. A thorough overhaul would have taken considerable time away from other management responsibilities.

Together with a Merinova specialist, the company reviewed the entire system: unnecessary documents were removed, key process descriptions were updated and the information was organised into a clear structure.

“We decided it was time to get the whole system in order. Merinova’s specialist did a tremendous amount of work, identifying the essential documents, updating them and building a framework we can use to develop our operations,” Salminen explains.

Since the update, Merinova has led internal audits at Maprotec. The company has also passed an external audit with only minor non-conformities. A clear quality management system supports everyday work and helps maintain quality as production grows.

It matters to us that Merinova knows the funding opportunities available and helps us find the right ones for our business.

Asko Salminen, CEO, Oy Maprotec Ab

A familiar partner is easy to call

Salminen already knew Merinova’s specialists through his previous roles. This longstanding relationship makes it easy to ask for help, even when a plan is still taking shape.

“When you know the people, it’s easy to get in touch. I can simply call and talk an idea through. You don’t need to have everything worked out before the first conversation,” says Salminen.

Maprotec’s story shows that a lack of demand is not always what holds an SME back from growing. The challenge may lie in turning growth opportunities into a well-planned investment, securing funding and ensuring that internal processes keep pace.

By helping Maprotec access funding opportunities and strengthen the foundations for growth, Merinova enables the company to focus on what it does best: manufacturing complex metal components without compromising on quality.

What would help your business move forward?

Do you need help exploring funding options for growth or improving your quality management system? Let’s look at how we can help. You’re welcome to get in touch even if your idea is still taking shape.

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