Member Article

£6 million investment for North East printing company

North East print business PBL print has completed a major premises relocation to Chester-le-Street.

Funding from Yorkshire Bank for the expansion of the business, which has ambitions to double its turnover to £6 million in the next 5 years.

This investment is a part of the bank’s Investing for Growth initiative, and will allow the commercial litho print company to expand in the larger premises, with a new internal office space and a dedicated high-tech printing area.

Having launched in 1999 the company works with NHS Trusts, universities and blue-chip enterprises.

The move comes as ambition for business has outgrown its Washington North East premises and PBL are looking forward to developing the business for the future.

Sales director, Chris Murley said: ““Our growth has been hampered by lack of space for some time.

“We have not been able to go out and look for new work but this relocation and refurbishment is creating a far more efficient environment, which will enable us to grow to the next level.

“Yorkshire Bank reacted quickly to our requirements and came up with practical
solutions. They did this in a way which not many banks could do in the current climate
and were positive and helpful. We’ve really enjoyed our dealings with them.”

Paul Wells, business partner at Yorkshire Bank’s Tees Valley Business Banking Centre
commented: “PBL Print is among many North East enterprises which are doing well in spite of
the economic uncertainties.

“We are pleased to have supported them and are very much open for business to assist expanding businesses with the right proposition.”

This was posted in Bdaily's Members' News section by Miranda Dobson .