B&M Retail signs ten-year lease for new Ellesmere Port facility
Major new facility will create 300 jobs in the local area
New distribution center will support the rapid growth of the value retailer
B&M Retail has signed a ten-year lease for a new 550,000 sq. ft. distribution center in Ellesmere Port, Cheshire. The new facility is expected to create 300 new jobs in the local area and will support the rapid growth of the value retailer.
The new distribution center will be located on the site of the former Vauxhall car plant in Ellesmere Port. The site has been vacant since 2017 when Vauxhall closed its plant with the loss of 1,800 jobs.
The new distribution center will be B&M Retail's third in the UK. The other two distribution centers are located in Daventry and Doncaster.
B&M Retail is one of the fastest-growing retailers in the UK. The company has over 600 stores in the UK and employs over 25,000 people.
The new distribution center in Ellesmere Port is expected to be operational by 2020.
Quotes
"We are delighted to have signed a lease for this new distribution center in Ellesmere Port," said B&M Retail CEO Simon Arora.
"This new facility will allow us to continue to grow our business and create new jobs in the local area."
"We are committed to investing in the UK and this new distribution center is a testament to our commitment," Arora added.
Reaction
The news of B&M Retail's new distribution center has been welcomed by local officials.
"This is great news for Ellesmere Port," said Ellesmere Port and Neston Borough Council leader Justin Madders.
"This new distribution center will create hundreds of new jobs and will help to boost the local economy."
Conclusion
The signing of the ten-year lease for the new distribution center in Ellesmere Port is a significant development for B&M Retail and for the local area.
The new distribution center will create 300 new jobs and will support the rapid growth of the value retailer.
The news has been welcomed by local officials who see it as a boost for the local economy.
