A Manchester-based timber merchant is set for branch expansion with the support of funding from HSBC UK.
Illingworth Ingham has utilised a six-figure funding package provided by HSBC UK to acquire a new 20,051 sq ft site in Clitheroe, Lancashire. The new site will become one of seven operated by Illingworth Ingham in the North West, allowing the family-owned business to reach new markets across the UK.
As a result of the HSBC UK funded acquisition, Illingworth Ingham is anticipating the creation of multiple new jobs, an improvement of customer service and an increase in sales over the next 12 months.
Founded in 1929, Illingworth Ingham is known for providing timber products and services to the retail market and businesses nationwide. With multiple branches situated across the North West, the business operates with over 150,000 sq ft of warehousing and its own transport fleet to provide daily deliveries to clients across the UK.
Adrian Thornley, branch development manager at Illingworth Ingham, said: “This is a very exciting time at Illingworth Ingham as we add another site to our existing portfolio. As a dedicated family business, with over ninety years of industry experience, we hope to focus on enhancing our facilities to create the best service for our new and existing customer base. We look forward to welcoming more customers from across the UK and seizing further opportunities for expansion in the future.”
David Edwards, relationship director at HSBC UK, added: “Illingworth Ingham is an experienced family-ran business with a genuine passion for delivering a memorable service for its customers. We are pleased to support them and look forward to seeing the growth of the business into the future.”