A year on from securing a six-figure SSI Task Force grant, Middlesbrough-based firm MB Distribution’s plans of expansion and job creation are coming to fruition.
The family business is playing a key role in the regeneration of East Middlesbrough and hopes to create jobs upon completion of its brand new £2.5m flagship premises.
The grant has enabled the firm to build a 30,000 sq ft bespoke warehouse and retail outlet, which has been erected, and work on the internal elements of the building is set to commence.
MB Distribution is a specialist supplier to the home improvement industry and its expansion has been backed by £247,000 in funding from the Tees Valley Capital Grant, managed by the Tees Valley Combined Authority.
The grant was set up by the SSI Task Force to help local firms grow, which in turn would create jobs, helping to get people into work and grow the economy; supporting its recovery from the closure of SSI.
MB managing director Mike Greenup – pictured above (left) with Andrew Rowe, a partner at Baldwins which helped secure the funding – said: “We have invested in over three acres of land, close to A66 transport links, and the building is looking fantastic. We can’t wait to see the finished look once the interior is complete.
“The business could not grow any further in its current premises and the new building is crucial to the next stage of our development, as it will allow us to broaden our product and geographical range.
“Once the building is up and running we anticipate new jobs in the warehouse, shop, administration and potentially marketing.
“We hope to get the keys before Christmas, with the official opening taking place around February.”
Chair of the SSI Task Force, Amanda Skelton, said, “Over the past three years the Task Force has helped to create nearly 2,000 jobs by investing in local companies.
“MB Distribution is an example of an ambitious local business needing some support to release its expansion plans. Help is still available through our Tees Valley Capital Grant Scheme for like-minded entrepreneurs.”
MB Distribution is a specialist supplier to both trade and retail companies and has a vast portfolio ranging from door and window hardware, to internal and external PVC cladding and more.