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Plant hire firm Hewden has announced an investment of £20 million in new equipment.
Chief executive Kevin Parkes says it is the first stage of the largest investment in the sector since the start of the recession and marks a vote of confidence in both the future of Hewden and the wider construction industry.
"The investment in plant is just the first stage in our investment programme and there will be further developments in other parts of our product portfolio, including access equipment, power generation and accommodation," says Mr Parkes. "Despite the economic climate, major customers are still pushing ahead with their safety, quality and sustainability agendas. These have not taken a back seat and that means suppliers have to respond equally vigorously. The investment in new plant and equipment will...