Job creation stacking up for Palletland

09 Sep 2016

Business Featured

St Helens-based pallet manufacturer Palletland is growing fast thanks to grant funding from the Regional Growth Fund.

A grant boost of £60,800 has enabled the company to expand from one to four acres of land, boosting production and creating 21 new jobs.

Bringing the old FM Engineering site back into use, the company has enlarged its office space considerably and has created a new manufacturing unit on site.

The grant funding also contributed to the purchase of new vehicles and machinery, expanding the product range available and the ability to supply to new markets.

Ian Slater, Managing Director, commented: “The demand for more products was there but we were restricted in what we could do. The funding has been very important for our expansion.

“Without the grant we’d still be employing around 15 staff, wanting to grow but unable to. We now have 36 employees working across the business and we’ve seen a lot of new customers off the back of our new products.”

The company has far exceeded the original job creation forecasts and has high hopes for further growth.

Geoff Bates, Regional Growth Fund Programme Manager at St Helens Chamber, says: “Palletland are a great company who had never applied for a grant before, but were clearly ready to grow.

“We are delighted to see that they have far exceeded the predicted job creation and we expect to see continued growth thanks to the new products being manufactured on site.”

Round six of the Regional Growth Fund is currently open for applications from local businesses under the Merseyside Jobs and Growth Fund. Over £2 million of grant funding is still available but this must be awarded by March 2017.

Grants of up to £75,000 are available to provide investment for growth when conventional finance is not available elsewhere. Grants are available for a range of capital projects that will create new employment opportunities, such as purchasing new premises, expanding current premises or capital expenditure on plant and machinery.

For further information on the Merseyside Jobs and Growth Fund visit the webpage or call Geoff Bates on 01744 742087.