NORTHERN POWERHOUSE FUNDING FOR MIDDLESBROUGH HAULAGE SPECIALIST

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One of Andrew Wolrich business interests. If you need support on a start up or funding please contact WCL

A Teesside-based haulage company has secured a £250,000 loan from the FW Capital-managed Northern Powerhouse Investment Fund (NPIF).

Halcyon Tankers, which operates a fleet of bulk chemical road tankers from its Middlesbrough base, will use the loan to purchase new vehicles and increase its marketing spend.

The business was founded in January 2018 when directors Ian Elliott, Andrew Spence-Wolrich and Nigel Barraclough bought the assets of Halcyon Tankers, a division of Hargreaves plc.

It now employs 29 people, operating a fleet of 21 HGV tractor units and 27 tanker trailers, with plans to grow to 39 vehicles within the next three years. Full article here

Tony Brannon