Sheffield-based Hamilton Plant Hire has more than quadrupled the size of its business premises after purchasing a new six-acre site.
Hamilton Plant Hire secured a seven-figure funding package from NatWest and Lombard Asset Finance to fund the purchase and development of the space in Attercliffe, Sheffield, after outgrowing its former site less than half a mile away.
The fourth-generation family business is relocating to accommodate increased storage for up to 300 items of construction machinery and equipment, available to rent or purchase for construction contracts across the UK.
The space will also be developed to offer recycling and aggregate services for construction project waste, including spoil removal, encouraging sustainability within the industry.
Established in 1890 by the great-grandfather of current owner Tom Hamilton, the business originally operated as a decorating firm before moving into the construction and civil engineering sector to work with for prominent industries in Sheffield, including British Steel and British Waterworks.
In the early 1970s, Tom’s father, Stuart Hamilton, adapted the third-generation of the business into a plant hire firm, launching with hydraulic excavators. Nearly 130 years since its beginnings, Hamilton Plant Hire now operates nationally, leasing its 300-strong fleet of machinery to firms across the country.
The business currently employs 25 staff and will look to create new jobs as the demand and scope of contracts increases.
Tom Hamilton said: “After outgrowing our former site, we searched for a new location that could accommodate our expanding business and catalogue of machinery and equipment. The funding from NatWest has enabled us to relocate to a new site that will help us meet customer demand. We are looking forward to growing the business and incorporating new services into our offering, expanding our capacity to offer construction waste recycling and aggregate supply.”
Paul McCarron, Senior Relationship Manager at NatWest, said: “Hamilton Plant Hire has built a strong reputation over its decades of trading and the business continues to see tremendous growth under the fourth generation of family management. The funding we have provided will allow the business to harness growth opportunities and service contracts across the UK.”
