Family-run Chepstow Plant International has acquired a 100-strong fleet of Volvo machinery and taken on new staff with the support of a multi-million pound asset finance facility from HSBC.
The South Wales-based company that supplies mobile plant equipment across the UK has bought equipment including excavators, loading shovels and dump trucks to add to its existing fleet of more than 400 items of heavy plant and 300 ancillary units that support the fleet.
The company's recent expansion has seen 25 new members of staff join in the last six months, with further plans in place to recruit over the next six months.
Ed Hayward, Finance Manager at Chepstow Plant International, said: 'Acquiring this latest fleet of machinery means we're better able to service our existing clients and sign new contracts with businesses all over the UK. The increased funding package from HSBC will help us move into new markets and expand in these territories'
Chepstow Plant International is part of a privately-owned business with more than 50 years' trading experience in the plant industry, servicing industries including quarrying, steelworks, power stations and earthworks. As well as hiring equipment to their clients, the company also sells used machinery across the world.
