Thirty new jobs will be created following the expansion of a homewares manufacturing business.Pargat Housewares, of West Bromwich, secured a £560,000 loan with banker NatWest through the Government’s Funding for Lending Scheme (FLS) to fund plans for a extensive warehouse expansion and a research and development unit, which has also safeguarded 60 existing posts.

Pargat produces bakeware and cookware and is the biggest supplier of Teflon coated goods in Europe.

The new build will help facilitate high production rates and Pargat, which was founded in 1976, expects to increase turnover by 30 per cent with a £30 million target for the end of the 2013 financial year.

Narinder Kaur, Pargat head of sales and finance, said: “With the new warehousing and R&D facility we will be able to further expand our international markets and product development.”