A FAMILY-owned North East warehousing and packaging business is on course with its plans to double turnover over the next five years, after securing a £2.2m funding package.
Jaymac Solutions has six sites across the region, including Gateshead, Newcastle, Washington, Teesside Airport and Faverdale near Darlington where it continues to expand its services.
The latest site – a 30,000 sq ft warehouse which sits alongside the company’s existing Washington operation, which recycles and repairs between 12,000 and 15,000 pallets every week – will allow the company to bring the manufacture of timber pallets and crates for export customers in house.
The company has secured a £2.2m funding package from Lloyds, which includes a £1.52 million loan and a £681,000 business loan and asset finance facility and will also lead to the creation of eight new jobs.
Jaymac Solutions has grown beyond all recognition from its original operation, providing pallets to traders selling fruit and vegetables from a unit at Team Valley in the 1990s.
It now offers a range of services including warehousing and logistics for a number of big high street names, along with specialist foam fabrication.
Earlier this year Jaymac Solutions moved into a site at Teesside Aiport to provide warehousing, packaging and fulfilment solutions for the air freight industry.
The continued growth of the company – and its ambitious future plans – were celebrated at special event at Ramside Hall Hotel, Golf and Spa near Durham last week where invited guests also heard from a range of funders on ways their individual businesses could be helped and were the first to see the company’s new brand.
Wes Thompson, Managing Director at Jaymac Solutions, said the secret to the company’s continued success was in asking customers how they can help them.
“Our business has grown through relationships. Someone giving us that first opportunity,” he said.
“A customer trusting us with a little more responsibility. A supplier helping us out when we needed it. Someone making an introduction that opened a door.
“Over time, those opportunities have helped us build a broader business. A conversation about pallets becomes a conversation about packaging, then storage, transport or managing a customer’s returns.
“Before you know it, “I think we can help with that” has become quite a substantial job list.”
The company is constantly looking at ways to become a one-stop-shop for its clients, with some of the new funding invested in heat-treatment capability, which means it can manufacture, heat treat and store pallets all in on location.
“Across the business, our offer brings together pallets, packaging, storage, recovery and logistics support. The common thread is simple: understand what our customers need, get involved and do a good job,” said Wes.
“Our new Jaymac branding reflects the business we are becoming and the confidence we have in its future.”
For further information visit www.jaymacsolutions.co.uk