A Daventry-based vehicle trailer manufacturer is set to grow after purchasing a new warehouse to accommodate more overseas trade.
International trade currently accounts for more than 50 percent of Brian James Trailers’ turnover and the new premises will help streamline the manufacturing process, with the additional space being used to develop sub-component assembly.
It also means the company can now facilitate container handling from the main site in an important step to make the export process more efficient.
Formed in 1979 with more than 40 dealerships, the company, located on Sopwith Way, employs nearly 100 staff across England – a number expected to rise as it takes on more clients from abroad.
Among motor industry customers such as Aston Martin and Mercedes UK, the firm has also supplied several teams in Formula 1– providing them with top-of-the-range trailers to transport racing and show cars across Europe.
The purchase for the new warehouse was made available through Yorkshire Bank’s flexible lending measures, which allow businesses to borrow up to 100 per cent of a property’s value.
The deal was arranged by Ian McEwan, relationship manager for Yorkshire Bank’s business and private banking centre in Northampton.
Brandon James, managing director of Brian James Trailers, said:“Customer care and value for money lie at the heart our business’ success around the world.
“The new warehouse in Daventry means we can continue developing higher levels of service and enhance our value-for-money offer in international markets, particularly in Europe. Yorkshire Bank has been extremely supportive in recognising and helping us to invest in the business by developing a funding package which suited us.”
Simon Moore, head of business and private banking for Clydesdale and Yorkshire Bank in Cambridgeshire and Northampton, said: “Brian James Trailers is one the UK’s leading names in car trailers and vehicle transporters and a strong employer for the region. We’re proud to support them with the new premises purchase which will help them grow the business at home and abroad.”