Port giant ready to invest

By Grimsby Telegraph | Posted: 22 Jan 2016

ASSOCIATED British Ports has welcomed automotive handling business Paragon's vision for growth in North East Lincolnshire, stating it will work with customers to meet their needs.

Earlier this week the results of a £20 million long-term deal with South Korean car manufacturer Kia were unveiled at Stallingborough, with a leading figure in the business tipping the area for further growth.

Mark Hindley Paragon's business development director, told how the perfect combination of low land cost, available labour force, a central UK location and strong port infrastructure should see more brands follow the northern route to market, as a drive for efficiencies prices them out of the south.

It came as the state-of-the-art facilities on an 88-acre site off Kiln Lane, with options to further expand, were officially opened for business.

However, he suggested Grimsby and Immingham could sail close to capacity if more than one big customer was landed, as reported.

Last year will have seen the dual port complex handle around 600,000 cars in what was a record year for UK sales. They are not just purely inbound though, with Toyota exporting to Europe from the Derby manufacturing base.

A spokesperson for the Humber ports operator said: "ABP is committed to working with its customers to meet their needs and will continue to invest and innovate to ensure our ports are able to respond effectively to market demand and industry developments.

"We're looking forward to working closely with the team at Paragon to ensure their business continues to grow and create further opportunities for local people."

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