JHP Transport expands after £300,000 investment

JHP Transport expands after £300,000 investment

Lanark-based haulage and logistics firm JHP Transport has relocated its headquarters after a period of rapid expansion, with support from £300,000 funding from Bank of Scotland.

The growing business has relocated from its original base in Shotts and transformed a 5,000 sq ft farm complex in Sandilands into its new headquarters and distribution centre.

The move sees the firm increase its fleet capacity from 20 to 60, and makes space for the operator’s 10 recent driver hires.

It will also allow the firm, which specialises in the transportation of refrigerated goods, to diversify its offering and expand into the delivery of plant and agricultural machinery.

JHP has also recently invested in four new vehicles in a bid to explore alternative revenue opportunities available in the local area.

The tractor and three trailers, funded by a £120,000 asset finance facility from Bank of Scotland, will allow the firm to work with neighbouring farms and increase the haulage capacity of the existing fleet.

James Prentice, founder and director of JHP Transport, said: “This move is going to take our business to the next level. It means we can readily take on new business opportunities and gives us the space to continue diversifying the products we ship across the UK.

“Before the move a lot of vehicles had to be stored offsite in truck stops and in other rented locations around Scotland. It’s been great to have everyone under one roof and to give all our drivers a safe and comfortable working environment to look forward to after a long trip.”

Derek Weir, relationship manager at Bank of Scotland, added: “Supporting JHP Transport’s journey from a single vehicle contractor to one of the most exciting operators in the sector has been brilliant.

“We’ve provided tailored funding to suit the business’s individual growth strategy, giving Jim and the team the opportunity to invest in essential equipment and facilities while protecting their day to day cashflow.” 

 

 

 

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