Cramlington-based Moody Logistics has made a ‘significant investment’ by expanding its warehousing facilities by 50% to help meet growing demand.
With its 44,000 square feet of storage space operating near capacity, the company has leased an additional 22,000 square feet of warehouse space in Ashington.
The expansion follows an increase in requests from current and potential customers looking to store between 30 and 150 pallets of goods.
The growing demand comes as European businesses seek to store their goods in the UK, following Brexit, alongside an increase in post-pandemic trading activity.
Managing Director Caroline Moody said: “Our current storage facility in Cramlington is operating near capacity and as a result we have made the decision to lease additional quality space to ensure we continue to meet the needs of clients.
“We have been inundated with calls for storage facilities following the lifting of Covid restrictions, reflecting growth in online sales and manufacturers ramping up production in the wake of Covid.”
Elsewhere, its sister company MCR Services has also seen an increase in demand for its picking, packing and shipping services.
Moody added, “There is a mix of factors driving demand for storage space, ranging from growth in e-commerce to increased post-pandemic production. We have also seen a definitive decision by European companies following Brexit to store their goods. in the UK amid concerns over supply chain issues.
“This additional warehouse is a significant investment for Moody’s, but I believe it allows the business to continue to grow.”