National vehicle recovery operator Richford Motor Services is investing millions of pounds in its 12 th UK depot in Derby.
The business is making the investment in the 65,000 sq ft with help from a £3 million HSBC funding package.
Richford Motor Services was set up in 1990 and offers 24-hour breakdown, repair, and recovery services for light and commercial vehicles.
The new site will allow the company to store vehicles in a more centralised location and minimise the time it takes to change and deploy vehicles to meet customer demand.
It will also create space for repair work and a body shop, allowing the business to create up to 30 new jobs in roles such as recovery drivers, roadside tech’s, and car and commercial mechanics.
The business has a fleet of more than 350 vehicles at sites across the Midlands, North East, and Yorkshire and operates out of a 24 hour, 365 days a year control room.
Director Philip Richford said: “The support from HSBC UK has enabled us to invest in key areas of our business, which will allow us to offer our customers in Derbyshire a quicker and more efficient vehicle recovery service whilst promoting our company growth.”
Chirag Makwana, relationship manager at HSBC UK, said: “Vehicles of all sizes play a key role in our lives. Supporting Richford Motor Services by enabling its expansion within Derbyshire will allow the business to continue offering reliable, consistent, and affordable vehicle breakdown support and repairs to customers of all sizes in the region.”
