-
AU VODKA PARTNERS WITH KAMMAC TO RAISE THE BAR ON LOGISTICS - 15 hours ago
-
ERP downtime could cost UK ecommerce firms more than £26,000 a day - November 11, 2024
-
Benefits and applications of AI in intralogistics – a guide for warehouse managers - November 7, 2024
-
BRENDA SHANAHAN JOINS ZEROMISSION AS DIRECTOR OF SALES EUROPE - November 4, 2024
-
SURGE IN DEMAND SEES KAMMAC EXPAND ECOMMERCE FULFILMENT TEAM - October 31, 2024
-
Toyota’s new Fleet Management Centre will provide modern and sustainable workshop, storage and office space - October 29, 2024
-
Retrofitting advantage for order picking - October 29, 2024
-
Rushlift opens Centre of Excellence for training at Northampton HQ - October 29, 2024
-
Rite-Hite launches bespoke training programmes for Loading Dock and In-Plant Solutions - October 28, 2024
-
Congratulations to our winners - October 28, 2024
Nexen’s investment and expansion plans buck recent trends with commitment to the UK
Lowestoft-based Nexen Lift Trucks – a leading designer, manufacturer and supplier of forklift trucks and warehouse equipment – is delighted to announce an £8.5m investment in its UK-based headquarters and manufacturing facility.
Commenting for Nexen Lift Trucks, sales director Pamela Oakes says: “Thanks in part to a thriving e-commerce-based retail market with sales that represented nearly 20% of all retail sales in the UK alone in 2018, demand from logistics specialists and warehousing operators continues to show growth in both the UK and global markets.
“It is therefore vital that we continue to invest heavily in our UK facility to help us maintain current demand while increasing production to focus on growth for Nexen products, including the all-new, multi-directional Ergo sideloader.”
The 48,000 sq. ft. purpose-built extension to the company’s existing 55,000 sq. ft. factory will enable Nexen Lift Trucks to double the output of all models via new production and assembly lines; and see the manufacturer further invest in its state-of-the-art research and development facility.
Nexen Lift Trucks currently employs 50 staff at its Lowestoft headquarters and, to help facilitate the doubling of output and an increasing export order book that equates to 70% of its products, the company also expects the planned investment to create 40 opportunities for new engineers, technicians and other staff.
As part of Nexen’s investment and expansion plans, the research, design, development and production of many of the company’s forklifts, sideloaders and warehousing equipment will continue to be undertaken at its headquarters in Lowestoft, rather than those the company owns in other countries. This bucks the recent Brexit-related trend seen across numerous manufacturing sectors and allows Nexen, which has over 40-years’ experience in the materials handling sector, to place the design and production in the hands of some of Britain’s top designers and engineers.
For further information call Nexen Lift Trucks on +44 (0)1502 532211, email [email protected] or visit www.nexenlifttrucks.com.