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Merritts investments in 2023 top £1 million

Posted on 23 Nov 2023. Edited by: John Hunter. Read 734 times.
Merritts investments in 2023 top £1 millionJoseph Merritt Group PLC (Merritts), a heavy machinery moving and industrial storage specialist, has announced another year of a significant investment. Since January this year, the company has purchased over £1 million in new machinery and equipment, with further expenditure of £500,000 already planned for 2024.

With a commitment to innovation, safety, and customer satisfaction, Merritts provides specialist lifting, transport, installation and storage solutions to the world’s leading machinery manufacturers, agents, distributors and manufacturing companies. Its ability to adapt to any given situation has enhanced the company’s reputation as the industry’s first choice machinery logistics provider.

During 2023, the company has purchased four new Scania tractor units, two new step-frame semi-trailers with beavertail ramp systems, and the acquisition of additional warehouse space to expand its industrial storage offering to over 100,000ft2. Next year, Merritts will be expanding its fleet of crane trailers, with the addition of a FASSI F990RA.2.24 and a FASSI F820RA.2.24, installed onto Nooteboom trailers.

This substantial financial commitment underlines Merritts dedication to innovation and expansion, with the aim of solidifying its position as one of the largest and most respected companies in its sector. The company, which was founded in 1922 and recently celebrated its 100th anniversary, has a reputation for excellence, and this investment ensures they will remain at the forefront of the machinery moving and installation industry.

Co-owner James Merritt said: “Over the past 18 months we have witnessed a significant increase in the requirement for turnkey factory relocation projects, with customers wishing to expand their facilities to enhance their manufacturing capabilities. Our ongoing investment will enable us to continue delivering exceptional services to our clients while further strengthening our position as leaders in the machinery moving and industrial storage sector.”

This strategy of sustained investment reflects the company’s dedication to providing top-tier solutions for businesses across various industries.