Harman Technology is set to revolutionise the film industry with a groundbreaking investment in new equipment.
Located in Cheshire, the firm is poised to meet the rising demand for classic camera technology while ensuring the future of analogue film. As a leader in the industry, Harman is taking decisive steps to enhance innovation and production through this multi-million-pound investment.
Significant Investment in Retro Technology
Britain’s sole manufacturer of 35mm camera film, Harman Technology, is making a substantial multi-million-pound investment in cutting-edge equipment. This strategic move aims to safeguard the future of analogue film as the demand for nostalgic camera technology intensifies. Harman Technology is one of only two companies worldwide with the capability to mass-produce film cassettes. With its renowned ILFORD range of films and papers for black and white photography, the firm has witnessed a decade-long increase in demand for its products.
Pioneering New Technologies
Harman, stationed in Mobberley, Cheshire, has embarked on what it describes as one of the most modernising film projects of this century. The objective is to design and construct two new converting machines—the first of their kind since the pre-millennium era. These machines, custom-engineered for Harman, aim to double the annual production of film cassettes. Managing Director Greg Summers stated, “This type of equipment has not been commissioned by film manufacturers since the 1990s, starting from scratch to introduce modern standards of throughput and automation.”
Revitalising the Film Industry
The company employs 200 personnel in Cheshire and ships its products to more than 85 countries. It also possesses what it claims is the largest R&D team globally dedicated to film research. A March study by Cognitive Market Research indicated that the global film camera market could reach a value of £303 million by 2030. Harman Technology, which also produces photographic chemicals and darkroom papers, recently introduced the HARMAN Phoenix 200, its first entire colour film created in the UK. Managing Director Summers pointed out: “Film photography is a passion for millions worldwide. We’re addressing limited choices and outdated machinery with this significant investment.”
Cheshire as a Photographic Hub
Harman is set to transform its Mobberley hub into a centre of excellence for photography while pioneering new methods to produce and develop 35mm film, both in black and white and colour. This shows that it is an opportune moment to invest in resources and build on market momentum. The firm is grooming young talent to complement experienced industry veterans, combining traditional knowledge with innovative production processes. Greg Summers shared, “We are ensuring that a wealth of young talent is ready to take the reins from industry veterans.”
Financial Backing and Future Prospects
The investment is backed by an eight-figure funding package from Lloyds Bank, which includes support for working capital, invoice finance, asset finance, export financing, and capital import finance. The funding arrangement was orchestrated by relationship directors Amanda Wood and Susie Power, alongside Lloyds Bank’s Specialist Client Solutions team. Susie Power, a relationship director at Lloyds Bank, commented, “Harman has genuinely tapped into the needs and desires of its customers, ensuring film photography remains an accessible passion both now and in the future.”
Global Reach and Industry Impact
With its commitment to innovation, Harman is poised to again invigorate the market with its new experimental colour film. The firm’s dedication to re-inventing age-old processes positions it as a true leader in the field of analogue photography. Their expansion is further supported by a robust backing from Lloyds Bank, which remains excited to support Harman’s journey. Susie Power of Lloyds stated, “As Greg and his team aim for further expansion and innovation, we will be by their side to help invest in people and processes.”
A Bright Future for Analogue Film Photography
In conclusion, Harman Technology is taking significant steps to ensure the continuity and growth of the analogue film industry. With its substantial investments and strategic partnerships, the company is set to play a pivotal role in the future of film photography.
In summary, Harman Technology’s decisive investment marks a pivotal moment for analogue photography. The commitment to cutting-edge technology and innovation posits the firm to greatly impact this resurgent market, ensuring its longevity and appeal for new generations of photography enthusiasts.
