AN Evesham firm has completed a multi-million pound investment to build a new distribution centre.

AIM Logistics Ltd has completed a £5 million investment for the distribution and logistics centre after outgrowing its previous site, with new jobs being created through the new project.

The ambitious firm, which currently employs 150 staff, has acquired a 3.2 acre site at the Vale Business Park with the support of Barclays bank, allowing it to now push forward with expansion plans.

This independent, family-owned temperature control distributor business was established in 2004 and has seen a massive expansion in the past 14 years, now operating a fleet of 70 vehicles, and has an annual turnover of £14 million.

The firm has already received an operator license to increase the trailer count to 85 tractor units and 100 trailers, as a result of the greater capacity the site is providing.

Ismail Elmagdoub, company director at AIM Logistics Ltd, said: “We had simply outgrown our previous site and the new development secures our future and enables the business to expand into other markets.

"We have also created a state of the art maintenance workshop under new company name ‘Vale Maintenance Services’ to bring “in house” all our servicing and maintenance work and the ability to conduct third party maintenance and servicing to generate an additional revenue stream.

“We are really proud of our achievements from two tractor units in 2004 to where we are now.

"Our high standards and loyal client base have enabled consistent sustainable growth of the business despite all the challenges such as the recession, fluctuating fuel costs and the uncertainty around Brexit.

"From customer feedback we are led to believe that we are only the only large scale temperature controlled operator with BRC accreditation within the local area, and have plans to diversify into the wholesale and expand our cross dock facility markets further.

"Running a business is tough but the ability to make decisions and control your own destiny while supporting the local community make it all worthwhile.”

Neil Barnes, Barclays relationship director, added: “By really understanding the business and the industry sector, Barclays has been able to deliver a funding package to support this ambitious project.

"The new facility demonstrates both Barclays and AIM Logistics confidence in the continued growth and success of the business.

"The 18 month build and fit out has already created over 30 new jobs and puts a significant asset on the balance sheet.”