Logistics firm invests eight-figure sum as expansion plan motors on
Work has started an eight-figure warehouse investment for logistics company, Ascott Transport Limited (ATL), at its Midlands Hub in Foston, Derbyshire.
G F Tomlinson is delivering the project, and held a ground-breaking ceremony earlier this month to celebrate works officially starting, with representatives from ATL and key project funders from HSBC and Empire Finance in attendance.
The 127,000 sq ft warehouse will include 14 new loading bays, offices, welfare rooms and external concrete yards and roads. The scheme is due for completion early 2024.
The development is the second warehouse scheme that G F Tomlinson has built for ATL, having previously completed a 190,000 sq ft warehouse at the Midlands Hub. The first phase of the development included a three-storey gatehouse, offices, a new workshop and outside storage as well as parking facilities and a warehouse.
Following the completion of the project, the company almost doubled its Midlands operating capacity.
Andy Sewards, chairman and managing director of G F Tomlinson, said: “We’re delighted to be working with ATL again, to provide a new state-of-the-art distribution warehouse which will support the company’s extensive growth plans.
“Through our long-standing relationship, we have seen ATL’s success and to be a part of the next stage of its journey is fantastic. We look forward to work progressing over the next few months.”
Pete Ascott, managing director of ATL said: “Given the success of the first phase of our development back in 2018, it was a simple decision to partner with G F Tomlinson to deliver phase two.
“The second phase adds a further 20,000 pallet storage capacity to our portfolio, available from January 2024.”