NETE Launches Wholesale Investment Plan

North Eastern Tyre and Exhausts has set aside £2 million for a two-year growth strategy centring on its wholesale division. As a first phase of this strategy the company has acquired a 69,000 square foot warehouse in Stockton for its NE Wholesale Operation. The storage site relies on 1400 stillages and three forklift trucks to manage its stock base of 100,000 of tyres, and next on the company’s agenda is to invest in state of the art automated technologies which will enable faster picking and stock optimisation.

“The acquisition of this massive storage space is in addition to our current NE Wholesale storage sites, and is a strategic move in NETE’s growth plans,” commented Tim Darcy, general operations and logistics manager for NE Wholesale, which operates five outlets across the North East and Yorkshire. “We are now able to work even closer with our wholesale customers and offer an incredible range of tyres we now have at our fingertips, all with a substantially decreased delivery time.”

“Whilst the rest of the market is combating tough conditions, NETE is forging ahead with plans to be as efficient as possible, confirming our status as front runners in the industry,” Darcy added. “We firmly believe our expansion will be welcomed by all of our wholesale customers across the North of England.”