A Herefordshire supplier of specialist concrete equipment has purchased a new site to support its ongoing growth, with support from Lloyds Bank.
Danfords Construction Equipment, based in Leominster, supplies concrete pumping equipment, concrete plants and silos to customers in the construction industry across the UK and Ireland. It has enjoyed strong growth throughout the past few years and to support this it has purchased a new two-acre site.
It will bring together the business’ operations under one roof, having previously been spread across two different sites, and offers more internal floorspace than the previous buildings combined.
It has been built to meet all the firm’s needs with specialist equipment to enhance its production capacity, including an overhead crane for moving equipment more efficiently around the site.
Danfords hopes that the investment will double its capacity as demand for its services continues to increase. It is also planning to add a further five members of staff to its current team of 25 employees over the next six months.
Dan Fordham, managing director at Danfords Construction Equipment, said: “We’ve enjoyed a consistent increase in demand over the past few years and that’s showed no sign of slowing. We quickly recognised that it was vital for us to invest in more space, and our new site has all the equipment and facilities we need to boost our production.
“The deal went incredibly smoothly and we’re delighted that the move has finally been completed. The support we’ve had from the Lloyds team has been so important.”
Daniel Cherry, relationship manager at Lloyds Bank, says: “Danfords has established a strong reputation within the construction industry and it’s no surprise they continue to go from strength to strength. By acquiring this new site they can ensure they can capitalise on the growing demand their ongoing success has brought.
“We’re beginning to see more and more activity in the construction industry as we move into a post-pandemic environment, which will bring an increasing number of opportunities for businesses like Danfords, and we will help them to make the most of these.”