Member Article

Hull stockholding business makes £250,000 investment

Hull-based Eltherington has made a quarter million pound investment in its stockholding business as it looks to build on recent growth.

Part of the larger Eltherington Group, the stockholding business supplies aluminium extrusions, sheet, plate and bars to fabricators and specialist manufacturers across the region.

Following a major revamp, which involved the introduction of new products, new pricing structure and an updated website, the company is confident that it has created a strong platform for further growth.

Antony Eltherington, group managing director, said: “Over the last few months we have invested a large amount in revamping our stockholding business and we are already beginning to see the results of this.”

“The stockholding sector has been transformed in the last few years by low cost countries completely changing the pricing model.

“We’re confident that the investment we have made firmly puts us back at the forefront in terms of range and value.”

Service improvements resulting from the investment made by Eltherington include same-day and next-day delivery options.

This is a major benefit for Eltherington’s customers as it means they are able to hold less stock as part of a Just in Time procurement system, freeing up working capital in the process.

Eltherington Group is a major employer in Hull and has been trading from the Dansom Lane South for over 50 years.

Along with stockholding, Eltherington manufactures specialist products for the architectural, modular building and leisure home sectors.

The company has supplied several high profile projects in the region including perforated aluminium cladding for The Arc in Hull and the metallic blue roof elements for Hull Kingston Rovers RLFC.

This was posted in Bdaily's Members' News section by Mark Lane .