Facebook - Shropshire Business Twitter - Shropshire Business LinkedIn - Shropshire Business

Hire fleet gets a boost

A Shropshire plant hire company has invested £12 million in a deal with Redditch based Marubeni-Komatsu for new plant machinery for their hire fleet, supported by Barclays.

Ridgway Rentals Ltd have placed an order of 130 new Komatsu machines, the order includes a mixture of excavators, bulldozers and loading shovels ranging from 2.5 to 50 tonnes. “Our focus on this latest investment has been on updating our fleet with highly efficient, environmentally friendly equipment,” said company chairman, Tim Jones.

Ridgway have seen demand for their plant hire services soar over recent years, especially to environmental agencies and in the waste and recycling industries. They have become renowned for specialist machine hire that exactly matches their customers’ requirements plus they offer these machines on long term contract hire.

Machines include super long front excavators with reaches up to 22 metres that come supplied with the CE certification and lifting charts that are necessary for environment agency work unlike other machines that have been altered after manufacture.

More specialist machines include loading shovels built to the specific requirements of waste and recycling sites including solid tyres, high tip buckets and fire suppression equipment.

“Supplying machines that match our customers exact requirements is vital for this industry with so many strict health and  safety obligations to adhere to” said Stuart Jones, MD.

Sarah Offland, Barclays corporate banking relationship director, said “We have been able to support Ridgway through rapid expansion over the last few years via a range of flexible funding options and asset finance lines. Ever evolving, we are now exploring a range of further “Green finance” options to support the company’s commitment to its strong environmental practices.”

Komatsu intelligent machine control (IMC) machines also feature in this order. Ridgway were the first UK company to purchase IMC excavators and dozers in 2017 and have seen demand for these grow and grow as their customers discover the huge benefits they bring to a worksite.

Audio visual experts secure vital funding

Investment brings expansion and warehouse move

18th November 2019

Driver training firm wins council contract

Deal secured to work with taxi and private hire operators

22nd March 2019

Lighting tour is a success

Famous family company puts latest range in the spotlight

6th September 2018

TTC Group extends corporate driver training

Specialists expand product portfolio with new acquisition

20th June 2019

Care operator diversifying after investment

CLCA creates overseas call centre

7th November 2017

Priory Nursing Home under new ownership

Investment secures local jobs and gives residents peace of mind

15th November 2018

Ludlow Self-Storage is open for business

Support from Barclays helps new venture to thrive

29th July 2019

Building grant scheme will create new jobs

More than 260 jobs for the Marches area by 2025

15th November 2019

Figures reveal slowdown in retail spending

But Barclays boss warns against overstating the negatives

20th October 2017

Bank cautious after retail sales issued

Difficult times for retailers despite ONS figures - Barclays

14th December 2017

Christmas retail trends

Barclays survey reveals signs of confidence

23rd November 2017

Changing young people's perception of manufacturing

Solutions proposed at national conference, held in Shropshire

24th January 2019

New cashback scheme is launched for SMEs

It's the largest project of its kind to launch in the UK

30th January 2020

New HQ secures jobs for thriving retailer

e-commerce to drive expansion for Charlies Stores

19th October 2018

Credit union joins Barclays scheme

Application is a success

30th July 2018