Bearings importer announces major expansion

Midland Bearings has solidified its position as the country’s largest distributor of agricultural bearings, plummer blocks, clutch bearings with the announcement of a major expansion of the company.
Midland Bearings has been supplying a broad selection of roller bearings to businesses in the trade and manufacturing industries for more than 35 years and has now taken on a new warehouse in the area, allowing it to import more products and stock greater quantities locally.
The addition of the new warehouse in the West Midlands brings Midland Bearings’ total storage space to 75,000 sq ft and enables the firm to stock more than 15 million products. With many of Midland Bearings’ products being sourced from Western Europe and Asia, particularly China and Japan, the new storage space ensures the company is able to provide quick and cost effective deliveries of international products to its client base.
As a result of the expansion, stockholding has risen to £12m.
Managing director Phil Chesworth said: “The uncertain state of the economy has meant that, this year, many businesses across many industries have struggled with their warehouse capacities, and the space issue is something that we have definitely experienced in the last 12 months. We have been preparing to expand for quite some time, and following a particularly strong year for Midland Bearings, we were provided with a fantastic opportunity to significantly increase our total warehouse space, allowing us to import more, and dispatch from a local hub.”