An East Yorkshire logistics company has completed a £1.6m investment in a bid to capitalise on the rapid growth in online shopping.
East Trans has launched a 40,000 sq ft, high-bay warehouse, which has already led to the securing of a major new customer.
The investment is part of East Trans' first move into "pick and pack" logistics – a growing market driven by consumers and businesses favouring the speed and convenience of online purchasing.
As part of the investment, the company is set to increase its already 100-strong workforce by 16.
Managing director Paul Hickling said: "This is a major, long-term investment for the business.
"Although the Humber is an important hub for logistics, there is very limited availability of high-class, modern storage facilities such as this around the estuary. The new warehouse is equipped to the latest standards and is technically far superior to many other facilities – in some cases storage amounts to no more than a big box in a field or on an industrial estate."
Fellow director Peter Aarosin added:
"We're now well positioned for further growth as existing and prospective clients respond to the ever-growing demand for online purchase and fulfilment, which require much more sophisticated logistics support.
"As trusted warehousing and distribution partners we can meet that need, giving our customers peace of mind that their stock management and deliveries are in very good hands."
The investment has been backed by NatWest Bank and a £136,000 Local Growth Fund grant from the Humber Local Enterprise Partnership, via North East Lincolnshire Council.
Senior relationship manager at NatWest Bank, Nick Spencer, praised the business for continuing to "go from strength to strength".
Maggie Campbell, lead investment officer for economy and growth at North East Lincolnshire Council, added:
"It's always good to see a local company growing, taking advantage of available grant funding and creating jobs."
Source: Insider Media