Monday, January 14, 2013

News: Acorn grows into new Rotherham premises


Acorn Industrial Services Ltd is celebrating the New Year with the opening of a new £1.25m central distribution centre in Rotherham.

The growing company is one of the largest power transmission distributors in the country and supplies bearings, power transmissions and linear systems to a global customer base.

The move across the borough sees three Masborough warehouses relocate into a single facility at Hellaby.

Acorn's 80 strong team worked day and night over the holiday period to move over 1 million stocked items and relocate the former Optare site to ensure they were ready for business in the New Year.

Martin Povey, financial director at Acorn, said: "We're absolutely delighted with the new premises. Acorn are now more conveniently located for national and international distribution channels, enabling us to fulfil orders even more effectively and doubling our space will literally open the door to further growth, increases in stock lines and more new jobs for local people."
Des Spillings, sales director at Acorn, praised staff saying: "It has been an enormous undertaking to move premises, but it is with thanks to our dedicated workforce, who sacrificed their holidays and worked tirelessly through the Christmas period, that we were able to complete the move in such a short space of time."

A £700,000 injection of funding from Barclays enabled Acorn to purchase the new 40,000 sq ft premises that is twice the size of the existing sites combined and more than capable of housing the company's £4m worth of stock alongside all head office functions.

The business has achieved year on year growth for the past ten years and reported a turnover of £17.4m in the year to 31 December 2011, up from £14.3m a year earlier.

Acorn website

Images: Acorn


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