HMT hitting road to expand its operations in Preston
Northern Ireland haulage company HMT is investing over £2m to expand its operations in the north of England.
The Warrenpoint firm is also increasing its workforce by 20 to 120 as it buys new premises in Preston.
It was financed by the Ulster Bank in its purchase of the centre, which it will use for distribution in the region.
The pallet division of the firm experienced growth of 40% in 2013, and growth of 30% is predicted for last year.
Managing director Jarlath Magee said: "We have had very good growth in our pallet business in the last few years, particularly in the north west of England. The new centre will give us a better-located base with direct motorway access to further expand in areas such as Lancaster, Blackburn, Burnley and the Fylde coast."
Girvan Gault, head of the south east NI business centre at Ulster Bank said: "HMT's new distribution centre comprises a 47,000 sq ft warehouse and 4,000 sq ft office space set on 3.5 acres. It will act as an excellent base for the company's ongoing growth in the area, and we are very pleased to have played an important role in enabling it to happen."
HMT shipping was set up over 15 years ago. It also has depots in Dublin, Dundalk and Heysham and runs a fleet of over 400 trailers.