Specialist Europe-wide road haulage business, Tapfrieght, is on the road to expansion, with the help of Yorkshire Bank.
The Barnsley-based firm, which specialises in storing and transporting palletised freight, including hazardous goods, for the chemical, pharmaceutical, and associated industries, is investing £750,000 in a fleet of 20 new trailers and five heavy goods vehicles.
Tapfreight has a fleet of 40 vehicles, 70 staff and a £6 million turnover which it expects to increase by six per cent this year. The company is also improving its Barnsley warehouse and creating 2,000 additional racked pallet spaces.
Managing director Bob Milton, who bought into the business in 1998 after 35 years in the chemical industry, said: “We are enjoying good growth through our existing customers’ success and new business.
“This further investment in modern equipment improves efficiency, reduces fuel consumption and cuts emissions, enabling us to maintain a professional image which is vital in the sectors we serve.
“Our focus on hazardous goods in a market where more products are being classed as hazardous for transportation is central to our growth.
“Increasing health and safety, environmental and regulatory requirements provide a strong barrier to entry to this sector as demands for the highest safety and training standards are paramount.
“Yorkshire Bank has been extremely supportive, customer focused and flexible which is especially important during the tough economic climate.”
Yorkshire Bank’s Mike Procter said: “Rigorous attention to quality of service is enabling Tapfrieght to expand and invest for future growth and Yorkshire Bank is pleased to support the business.”