Kloeckner Metals UK has announced the purchase of a new site in Thurrock, Essex, which it said will be developed into a state-of-the-art steel processing facility.
Part of the global Klöckner & Co Group, Kloeckner Metals UK boasts 14 business units across the UK and is one of the leading multi-metals processing suppliers in the UK.
The company said the substantial investment into the new site was needed to support the relocation of the existing site at Thames Wharf, London, which, over the years, became too small for the business’ needs.
Located adjacent to the M25, the new site is expected to be operational during the fourth quarter of 2021. Once completed, the new site will create more than 10,000m² of internal space, including newly built offices, state-of-the-art processing equipment, and the latest digital logistics and operations technologies.
Peter Whiting, CEO of Kloeckner Metals UK said: “This new investment is an important milestone in Kloeckner’s strategic plan to establish ourselves as one of the leading supply chain partners in the UK.”