September 2008

Pallet Track New Central Hub Facility

Pallet-Track Ltd – New Central Hub Facility

Pallet-Track Ltd is delighted to announce their relocation to a high specification premises close to their existing site in the West Midlands. The new site in Wolverhampton is 267,300 sq. ft. (24,900 sq. m) and more than trebles the existing facility.

A five-year lease agreement with an option on a further five was signed on the 1st August 2008, building and modification work commenced shortly after, the company has set an operational start date of the 6th October. The Mayor of Wolverhampton Councillor Christine Mills will officially open the Titan Distribution Centre on Wednesday 1st October 2008. Over 150-shareholder members, guests and PT staff will be in attendance on the open day to celebrate this major development in the company’s history.

Pallet-Track who commenced full UK operations just over four and a half years ago are achieving volumes approaching 5,000 pallets per day. Managing Director, Nigel Parkes says: The Company is growing so rapidly that this move is vital for us to maintain our high levels of operational efficiency. All of Pallet-Track’s 70 staff will transfer to the new site.

The facility stands on the former Thompson Engineering Group factory. The new build was completed in late 2006 and has remained empty to date. David Binks of (Agency) Cushman and Wakefield says: This is the largest letting of this type of property in the area for several years and as such a huge vote of confidence for the area.

Substantial modifications in excess of £700,000 will include an additional four access doors, the latest technology in high bay energy efficient lighting and the erection of two-lane inbound and outbound scanning gantries. In conjunction with the move Pallet-Track will also be upgrading their existing IT and communication infrastructure, CCTV and alarm systems.

The fully secured site with gatehouse comprises of 20,000 sq. ft of office facility set in three locations of the building. Additional amenities have been provided for employed staff and visiting driver welfare.

Pallet-Track will hold an Open Day on the 1st October for their membership to visit and view the new Hub prior to the full operational start date.

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