Heavy lifting and transportation specialist Mammoet has provided a major shot in the arm for the Teesside economy after revealing its ambitious expansion plans.
Mammoet has announced plans to invest £7.2m into a new state-of-the-art base on the Teesside Industrial Estate in Thornaby.
The six-acre site will house 180 of its UK employees, including the 36 that work in Leeds and 140 employees who work in Billingham.
Mammoet managing director Matthew Gent said: “This is a significant, long-term, investment in our business and people that emphasises just how important the UK market and customer base is to the global Mammoet company.”
Tees Valley mayor Ben Houchen and Neil Schneider, chief executive of Stockton Council, met with senior representatives from Mammoet and estate owners UK Land Estates this week and were given a look around the new facility which is due to open in April.
Mammoet is Dutch for Mammoth and the company is an international giant, employing more than 5,000 people in 82 offices in 31 countries.
The group arrived in the UK in 1989 and set up a sales office in Bedlington, Northumberland. Within two years it had relocated to Wallsend and become a fully-operational business, expanding to Teesside in 2002.
Gent added: “UK Land Estates have helped us realise our ambition of creating a state-of-the-art home for our business to grow and prosper in the UK market.
“Significant opportunities exist in the UK in relation to major petrochemical, oil & gas, power, nuclear and infrastructure projects and we have the expertise to match that demand.
“We foresee further expansion of the UK business of up to 50%. This new facility will allow us to meet anything that comes our way and have a base, a home, from which we can deal with it.”
In addition to investing £7.2m in the new facility, Mammoet has spent £26m in the past three years on new mobile cranes and specialist project equipment to service existing contracts and make them better placed to land others.
Tees mayor Mr Houchen said: “This massive £7.2m investment is fantastic news for local people. This is a clear vote of confidence in our local economy by a growing multi-national who are committed to Teesside and its workforce. It’s clear we are an attractive area to significant global firms.
“This investment is just the start, and I’m delighted to hear that the company will continue to increase their footprint in the UK over the coming years.
“I wish Mammoet the best for the future and will do everything I can to work alongside them for our future success.”
Mr Schneider added: “We are delighted that an international company like Mammoet has chosen to invest and establish a base in Stockton-on-Tees alongside a growing number of companies providing many jobs.
“The council has been working with UK Land for several years and this partnership is seeing some significant benefits for Teesside Industrial Estate.
“It is a cracking location with fantastic access as well as super housing and leisure facilities nearby so it is no surprise that it is already home to some great businesses like Active Financial Services, Cotswold Manufacturing, Valmont Stainton and Visual Security Systems.
“It is a major coup that Mammoet is joining them and we wish them every success.”