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Hewden invest £20 million in new hire equipment

Company places large orders for new machines from JCB and Thwaites and hits at further initiatives in 2011

A MAJOR £20 million investment in new construction equipment has been announced by Hewden, the national multi-product hire specialist.

According to Hewden chief executive Kevin Parkes, this marks the first stage in one of the largest investment programmes by the plant-hire sector since the start of the recession and represents a ‘vote of confidence’ in the future of both the company and the construction sector.

‘Hewden are building closer relationships with the leading players in the construction, infrastructure, environmental and industrial market sectors, creating partnerships that deliver a more efficient supply chain,’ said Mr Parkes.

‘We are determined to increase levels of availability so plant and equipment is ready for hire, where and when customers need it. This £20 million investment is just the first stage in our development plans for 2011 and is a clear sign of our commitment to customer service and achieving growth.’

A major winner in the programme is JCB. The Rocester-based company will receive orders worth £14 million for a range of Loadall telescopic handlers, JCB mini-excavators, tracked and wheeled excavators and the new 3CX Eco backhoe loaders.

The other significant supplier to gain a major contract from Hewden is Thwaites, with orders for more than 125 dumpers from across their range.

This investment is likely to be followed by further initiatives at Hewden in 2011, as Mr Parkes explained: ‘We currently focus on five product platforms – plant, access, cranes, power generation and accommodation – and we will be investing in each of these areas but we are also exploring opportunities to expand our range with complementary products.

‘During 2011, this is likely to include the reintroduction of a specific range of tools for hire, so we can support customers with a full product offer, further improving efficiency and service.’

 
 

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