{"id":2226,"date":"2019-05-02T15:20:38","date_gmt":"2019-05-02T14:20:38","guid":{"rendered":"http:\/\/www.constructionplantworld.com\/news\/?p=2226"},"modified":"2019-05-02T15:20:38","modified_gmt":"2019-05-02T14:20:38","slug":"nexens-investment-and-expansion-plans-buck-recent-trends-with-commitment-to-the-uk","status":"publish","type":"post","link":"https:\/\/www.constructionplantworld.com\/news\/2019\/05\/nexens-investment-and-expansion-plans-buck-recent-trends-with-commitment-to-the-uk\/","title":{"rendered":"Nexen\u2019s investment and expansion plans buck recent trends with commitment to the UK"},"content":{"rendered":"<p><span style=\"font-family: arial,helvetica,sans-serif;\">Lowestoft-based Nexen Lift Trucks \u2013 a leading designer, manufacturer and supplier of forklift trucks and warehouse equipment \u2013 is delighted to announce an \u00a38.5m investment in its UK-based headquarters and manufacturing facility.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">Commenting for Nexen Lift Trucks, sales director Pamela Oakes says: \u201cThanks in part to a thriving e-commerce-based retail market with sales that represented nearly 20% of all retail sales in the UK alone in 2018, demand from logistics specialists and warehousing operators continues to show growth in both the UK and global markets.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">\u201cIt is therefore vital that we continue to invest heavily in our UK facility to help us maintain current demand while increasing production to focus on growth for Nexen products, including the all-new, multi-directional Ergo sideloader.\u201d<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">The 48,000 sq. ft. purpose-built extension to the company\u2019s existing 55,000 sq. ft. factory will enable Nexen Lift Trucks to double the output of all models via new production and assembly lines; and see the manufacturer further invest in its state-of-the-art research and development facility.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">Nexen Lift Trucks currently employs 50 staff at its Lowestoft headquarters and, to help facilitate the doubling of output and an increasing export order book that equates to 70% of its products, the company also expects the planned investment to create 40 opportunities for new engineers, technicians and other staff.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">As part of Nexen\u2019s investment and expansion plans, the research, design, development and production of many of the company\u2019s forklifts, sideloaders and warehousing equipment will continue to be undertaken at its headquarters in Lowestoft, rather than those the company owns in other countries. This bucks the recent Brexit-related trend seen across numerous manufacturing sectors and allows Nexen, which has over 40-years\u2019 experience in the materials handling sector, to place the design and production in the hands of some of Britain\u2019s top designers and engineers.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\"><a href=\"http:\/\/www.nexenlifttrucks.com.\" target=\"_blank\" rel=\"noopener noreferrer\">www.nexenlifttrucks.com<\/a>.<\/span><\/p>\n<p><span style=\"font-family: arial,helvetica,sans-serif;\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lowestoft-based Nexen Lift Trucks \u2013 a leading designer, manufacturer and supplier of forklift trucks and warehouse equipment \u2013 is delighted <\/p>\n<a class=\"btn-sub-green l-blog-post-readmore\" href=\"https:\/\/www.constructionplantworld.com\/news\/2019\/05\/nexens-investment-and-expansion-plans-buck-recent-trends-with-commitment-to-the-uk\/\" title=\"Read more\">Read more<\/a>","protected":false},"author":2,"featured_media":2227,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-2226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-plant-news"],"_links":{"self":[{"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/posts\/2226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/comments?post=2226"}],"version-history":[{"count":1,"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/posts\/2226\/revisions"}],"predecessor-version":[{"id":2228,"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/posts\/2226\/revisions\/2228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/media\/2227"}],"wp:attachment":[{"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/media?parent=2226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/categories?post=2226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.constructionplantworld.com\/news\/wp-json\/wp\/v2\/tags?post=2226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}