Connect with us

Business

£1m investment to kick start New Year for Masters of Stretham near Ely

Cracking start to 2024 for Cambridgeshire logistics company

Avatar photo

Published

on

Warehousing and distribution specialist Masters of Stretham near Ely is set to start the New Year with a £1 million investment as it gears up for growth. The cash injection comes just over 12 months since the business was acquired Knowles Logistics of Wimblington.  

Investments include a series of system upgrades as well as five new rigid trucks and ten new fork lifts.

Masters has purchased three 26 tonne Volvo FE 320 Rigid trucks and two 18 tonne Volvo FE 320 Rigid trucks.

Advertisements
Pictures

Masters’ new forklifts will operate at the company’s warehouse operations.

Advertisements
Sellebrity Soccer
Investments include a series of system upgrades as well as five new rigid trucks and ten new fork lifts

Investments include a series of system upgrades as well as five new rigid trucks and ten new fork lifts

Advertisements
canopyuk.com in-article

Mark Stoodley, managing director of Masters said: “Our new suite of system upgrades will essentially underpin every facet of the business by streamlining our warehousing operations, financial operations, and transport solutions.

“As a business, we are committed to reducing emissions and in turn creating a sustainable and economical business that can cater to the needs and requirements of its customers, so we took the strategic view to invest in systems that will provide such solutions, without compromising on growth and customer service.

He added: “We are confident that our £1 million investment will set the foundations for a positive new year.”

 

Facebook

Read More

Peterborough First celebrate after the recent city council election PHOTO: Terry Harris Peterborough First celebrate after the recent city council election PHOTO: Terry Harris
News7 hours ago

OPINION: Peterborough City Council ‘in a better place than it was and ready to progress’

Crowds to flock to Nene Park on Saturday and Sunday for Peterborough Celebrates Festival

Mayor Cllr Val Fendley “I am in no way promising any change to what has been implemented, that is most definitely not within my gift.” But she will listen to concerns over the 20mph limit. Mayor Cllr Val Fendley “I am in no way promising any change to what has been implemented, that is most definitely not within my gift.” But she will listen to concerns over the 20mph limit.
News8 hours ago

Protestor told to leave, and meeting suspended as Ramsey town council caught off guard by 20mph revolt

Town council at the time voted 8 in favour and 5 against 20mph

Stephen Moir says the Fenland chief executive Paul Medd (above) is simply wrong when he claims, in a report to be discussed by Fenland councillors next week, that the board must include a Cambridgeshire County Council member based within Fenland. Stephen Moir says the Fenland chief executive Paul Medd (above) is simply wrong when he claims, in a report to be discussed by Fenland councillors next week, that the board must include a Cambridgeshire County Council member based within Fenland.
News11 hours ago

County council puts its ‘tanks’ on Fenland’s lawns in row over £20m spending plans for Wisbech

'Councillor Tierney has not been nominated or appointed by this authority to act on this council’s behalf'

Cllr Stephen Ferguson says he has Labour Party members support for him to stand as an independent candidate for St Neots and Mid Cambridgeshire constituency Cllr Stephen Ferguson says he has Labour Party members support for him to stand as an independent candidate for St Neots and Mid Cambridgeshire constituency
News1 day ago

Labour woes tempt Ferguson to stand as Independent candidate in St Neots

'I have some serious thinking to do' says Cllr Stephen Ferguson

Rt Hon Chloe Smith MP keynote speech to Eastern Powerhouse Conference in Cambridge today. Rt Hon Chloe Smith MP keynote speech to Eastern Powerhouse Conference in Cambridge today.
News1 day ago

OPINION: Four things important in how the East and its people will succeed: Investment, Talent, Technology, Resilience.

The journey ahead for the Eastern Powerhouse, and the region we lead, is a demanding one

Cooking up a storm: Marianna Masters who has been selected by Labour as their Parliamentary candidate for St Neots and Mid Cambridgeshire Cooking up a storm: Marianna Masters who has been selected by Labour as their Parliamentary candidate for St Neots and Mid Cambridgeshire
News1 day ago

Labour ‘fury’ as Huntingdonshire members excluded from election candidate choice

Labour choice for St Neots 'incredibly undemocratic'

James Palmer (left) opening today’s Eastern Powerhouse conference in Cambridge and (right) Mayor Dr Nik Johnson visiting Middle Level Commissioners ahead of a tour of the St German's pumping station. James Palmer (left) opening today’s Eastern Powerhouse conference in Cambridge and (right) Mayor Dr Nik Johnson visiting Middle Level Commissioners ahead of a tour of the St German's pumping station.
News1 day ago

James Palmer and Nik Johnson show there is more to unite than divide them

Both believe Cambridgeshire has massive potential still to unlock for jobs and growth

Ashley Baker, 41, subjected his partner to a barrage of abuse and controlling behaviour, including making her call him during her lunchbreak from work every day and forbidding her from going to the canteen Ashley Baker, 41, subjected his partner to a barrage of abuse and controlling behaviour, including making her call him during her lunchbreak from work every day and forbidding her from going to the canteen
News2 days ago

Doddington control freak Ashley Baker jailed for 7-year abuse of his partner

He controlled all aspects of her everyday life

Robert Sullivan, Chief Executive of the Football Foundation, said: “The Football Foundation is working closely with our partners – the Premier League, The FA and Government – to transform the quality of grassroots facilities in England by delivering projects like this across the country. Robert Sullivan, Chief Executive of the Football Foundation, said: “The Football Foundation is working closely with our partners – the Premier League, The FA and Government – to transform the quality of grassroots facilities in England by delivering projects like this across the country.
News2 days ago

£1m grant will provide Stadia 3G pitch at Wisbech St Mary 

The new Fenland pitch will serve as a catalyst for growth

Cllr Marianna Masters, Parliamentary candidate for St Neots and Mid Cambridgeshire, pictured with London Mayor Sadiq Khan Cllr Marianna Masters, Parliamentary candidate for St Neots and Mid Cambridgeshire, pictured with London Mayor Sadiq Khan
News2 days ago

Lambeth councillor is Parliamentary candidate for St Neots and Mid Cambs

Labour's Marianna Masters is chair of the Fabian Women’s Network