Teesside logistics firm to create 12 new jobs with SSI funding
Logistics business InBond has revealed plans to create 12 new jobs as part of new expansion plans in Teesside.
Securing a £144k funding package from the SSI Task Force, the business is expanding into a new facility on Malleable Way in Stockton-on-Tees.
InBond’s new building is an 80,000 sq ft high bay warehouse and it will allow the firm to offer further specialist & bonded storage, distribution and freight services for numerous imported products, including: wines, spirits, food, raw materials and safety equipment.
Finance director of InBond, Craig Rye, said: “This expansion is going to enable the company to grow both its infrastructure and team, which is fantastic!
“Following the expansion, we are also looking to further enhance our ‘Pick & Pack’ and e-commerce services within the new premises, so it’s a very exciting time for us.
“I would like to thank the SSI Task Force for the support it has given us. Without the grant, the expansion wouldn’t have been possible.”
The funding, which comes from the Tees Valley Capital Grant, managed by the Tees Valley Combined Authority, was secured with support from Baldwins Accountants.
Mr Rye continued: “Baldwins was excellent throughout the process, from the beginning of the application right through to receiving the grant offer and the firm thoroughly impressed me with its desire to deliver the best proposal possible.”
Andrew Rowe, Baldwins Director, added: “It’s great to see another Teesside firm benefit from the SSI Task Force grant.
“These funds are a fantastic resource for businesses as they give a helping hand to entrepreneurs, allowing them progress to the next level, something which may not have not been possible without the support of the grant.”
Amanda Skelton, Chair of the SSI Task Force, commented: “The SSI Task Force is committed to helping the Tees Valley economy to grow by supporting companies like InBond with its expansion plans.
“More than 1,700 new jobs have been created through this programme to date and funding is still available to help other ambitious firms.”