Shropshire Pallets & Timber Supplies is set to quadruple its output thanks to a capital investment grant aimed to help businesses grow.
The pallet manufacturing and sawmilling business has invested in a new log-processing sawmill at its Oswestry headquarters – allowing the firm to vastly increase its manufacturing rate, enter new markets and employ new staff. As part of its growth programme, Shropshire Pallets has launched a new pallet wood and sawn timber division to service growing demand for pre-cut timber.
The Business Growth Programme offers grants of between £20,000 and £200,00 for small and medium-sized businesses through a range of funding schemes designed to help them grow and target new markets.
Invest to grow
The family run business at Maes Y Clawdd Industrial Estate cuts its own pallet boards directly from the log and passes cost savings to customers. The firm applied for the grant because it had reached full production capacity and needed to invest in a new high-speed log processing sawmill to meet the demands of its growing order book.
Keiron Fleetwood, managing director of Shropshire Pallets & Timber Supplies, said the funding had been crucial in unlocking the remaining privately sourced investment for the new sawmill.
“We were operating at full production capacity and had outgrown our previous sawmill. The new log-processing sawmill not only yields considerably more boards per shift, but it makes production life smoother, safer, and more efficient.
Growth without limits
have three more large potential contracts currently in the pipeline.
“The new sawmill is already maximising board production and consequently, we’re confidently predicting continued growth in our profits and that we will be further increasing our workforce to meet demand for our products.”
The Business Growth Programme is promoted in Shropshire by the Marches Growth Hub, which supported the firm in its application.
More information is available on the Marches Growth Hub website.