STOB.L Regulatory News (STOB)

14 Sep 2009 08:58



The following announcement replaces RNS announcement 9497Y. Paragraph 4 should read as follows "It is one of the largest capacity distribution centres in the UK, with capacity to hold 110,000 pallets, or 88,000 tonnes of goods, at one time" and not as originally shown.

Stobart Group Limited

('Stobart' or 'the Group')

Stobart and Nestlé UK and Ireland officially open Bardon site 

David Taylor MP was in Bardon today to officially open Nestlé's new distribution centre, operated by Eddie Stobart Ltd, part of the Stobart Group, the UK's leading provider of multimodal transport and logistics solutions. 

Over the last six months the site has undergone a £7 million refurbishment, transforming it into a state-of-the-art warehousing and distribution facility which will handle up to 75% of Nestlé UK's deliveries. 

The new increased-capacity centre is generating extra 62 jobs at the site, taking the total number of employees to 185. 

It is one of the largest capacity distribution centres in the UK, with capacity to hold 110,000 pallets, or 88,000 tonnes of goods, at one time. At peak times, vehicles will depart every eight and a half minutes, moving 3,000 tonnes of goods a day. 

By consolidating warehousing and distribution operations, Nestlé will improve the efficiency of its operations, cutting down on empty lorry journeys and reducing the distance products have to travel. 

The site is being opened today by David Taylor MP, Stobart Group's Chief Executive Andrew Tinkler, Paul Grimwood, Chief Executive, Nestlé UK and Ireland and Chris Tyas, Nestlé UK and Ireland's Business Services and Supply Chain Director. 

David Taylor MP said: 

"I'm delighted to see innovative companies like Stobart Group and Nestlé investing in the region and creating new jobs. North West Leicestershire provides an excellent transport hub thanks to the M1 and A/M42 motorways and East Midlands Airport and can also offer the benefits of a flexible and skilled workforce."

Andrew Tinkler, Chief Executive of Stobart Group, said: 

"Customers are constantly seeking ways to drive down costs, whilst making environmental improvements and this is a first class example of how the team has worked in partnership with Nestlé to achieve this." 

Chris Tyas, Nestlé UK and Ireland's Business Services and Supply Chain Director, added: 

"This year at Nestlé we are focused on driving greater efficiencies through our supply chain and improving service to our customers. Working with Stobart Group we have been able to achieve operational efficiencies and environmental improvements by consolidating our warehousing and distribution activities to the benefit of all our stakeholders" 

14 September 2009

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