Palletforce is looking to take advantage of inevitable consolidation in the pallet sector with its new £50m hub, according to chief executive Michael Conroy. The Burton-on-Trent site, which opened on 10 August, has the capacity to handle 30,000 pallets a night, with 450 HGV parking spaces across the 38-acre site. The 620,000ft2 facility, next to its existing 380,000ft2 hub, accounts for most of the £65m parent company EmergeVest has spent on Palletforce since it bought it for £30m in 2015. […]
Pall-Ex’s ambitious European expansion plan remains on track, despite the economic volatility gripping the Continent, deputy MD Cris Stephenson has said. Pall-Ex has set itself the target of having a 15 country-strong network of European franchisees by 2015. Stephenson confirmed its European expansion was “on track, and unchanged”. He said pallet networks’ inherent efficiencies and co-operative approach meant that, despite Europe’s troubles, they “play into that quite usefully. In times of economic trouble they are [often] a better option.” Pall-Ex […]
Principle Pallet Network’s bid to become the UK’s ninth pallet network has ended in failure, it’s former boss has confirmed.
AK Worthington’s fledgling international division is rapidly gaining momentum, with turnover expected to rise by 50% in the next 12 months, from about £1.2m to £1.8m.