North East supply chain management group sets out growth plans following £500k investment

The NBT Group, the supply chain management company, has outlined new growth plans after investing £500k into the business.

The Killingworth-based business, which saw turnover reach £14m in 2017, has set its sights on further increasing this figure to £20m, whilst also creating 12 new jobs by the end of 2018.

The NBT Group has invested in R&D and strengthened its team over the past two years to help meet increased demand from its key growth sectors, including the automotive, rail, food & beverage and general manufacturing industries.

Further investment in the fourth-generation family business is also planned as The NBT Group continues to acquire new businesses.

Toby Bridges, The NBT Group’s CEO, said: “Through the introduction of our new technology we have been working closely with our clients to transition them into a new way of working, which not only reduces their overheads but improves efficiency whilst making their lives easier.

“As a result of our recent investment we have seen substantial growth across a number of sectors, particularly the automotive sector, through new contract wins and by expanding our offering to existing clients.”

The NBT Group is one of the longest standing business supply companies in the North East, which comprises a network of businesses that enables the automation and control of the supply of everything on a client’s site.

Toby added: “The NBT Group is on an ever-evolving journey and we’re excited to see where our second century in business takes us. We are a 109-year-old start-up and we are constantly pivoting to help strengthen our clients’ businesses.

“We have changed radically in the last three years alone, and as we continue to adapt, further investment into the business is planned as well as across our growing network of businesses as we welcome new brands into the NBT family.”