LV Logistics UK opens £14million Quayside facility in Teesside
One of the UK's leading logistics providers - LV Logistics UK - has announced completion of a GBP14million warehouse facility in Teesside that will add to the company's already well-established 36-year footprint in the region. With the announcement of this new facility, the logistics provider is expected to continue its growth of 20% achieved year on year for the last three years.The site, located in Middlesbrough and opposite the town's football stadium, provides the business with 110,000sqm internal storage and 10 acres external laydown areas for project cargo and vessel agency work.
Speaking about the investment and the opening of the new quayside facility: Matthew Ord, Company Ambassador for LV Logistics UK said: "The opening of our new facility sends out a clear statement about LV Logistics and our ongoing commitment to the region. This marks a significant milestone in the company's 100-year history and our plans for the business, sending out a very clear statement of intent for the future of LV Logistics in the North East. "Teesside is riding the crest of a wave with various and significant investments coming into the region.
Today sees two of the region's best positioned companies collaborating to cement this partnership and to act on plans that will see success for the next four, five and six decades here in Teesside."
Tees Valley Mayor Ben Houchen, who was present to start the proceedings said: "It's great to be at the launch of this new partnership between LV Logistics and Able UK.
This is an example of the great developments continuing on Teesside and demonstrates how the collaboration of local businesses can create fantastic opportunities for local people".