A Barnsley haulage and logistics company is moving ahead with ambitious expansion plans thanks to the support of a grant from the Goldthorpe Towns Fund.
Mallinson Properties for KMS Transport has secured the £1.2 million investment from the Goldthorpe Towns Commercial Investment Fund (GTCIF).
The GTCIF is part of a programme of projects funded by the government as part of a £23.1 million investment in Goldthorpe, Thurnscoe and Bolton upon Dearne.
The Goldthorpe Town Deal Board is overseeing the distribution of the Towns Fund investment.
Its aims include supporting businesses in the Dearne to create more well-paid jobs and attract new investment.
Mallinson Properties is using the grant contribution to build two extensions to its existing premises.
The project will increase the company's pallet storage capacity and create new job opportunities. It will also create social value by supporting local supply chains and environmental sustainability.
Stephen Mallinson, managing director of Mallinson Properties, said: “We are delighted with this grant from the Goldthorpe Towns Commercial Investment Fund. It is enabling us to expand our business and meet the growing demand for our products and services.
“This project will not only benefit our company, but also the local economy and community.
“We are proud to be part of the Dearne Valley area and eager to enhance its potential and ambition.”
Matthew Stephens, chair of the Goldthorpe Town Deal Board, said: “I am delighted that we have been able to support Mallinson Properties on this project.
“We are focused on supporting the local economy and social value, so I am also pleased that they are using the local supply chain to deliver the project.
“I hope this is a catalyst for their business and facilitates the growth we need.”
The Goldthorpe Towns Commercial Investment Fund is an integral part of the Goldthorpe Town Deal.
Its main objective is to act as a catalyst to accelerate the economic development and regeneration of the Dearne Valley area.
Councillor Robin Franklin, Cabinet spokesperson for Regeneration and Culture, said: “We are pleased that Enterprising Barnsley, the council’s award-winning business support team, has been able to support Mallinson Properties to secure this funding.
“They are a long-standing Barnsley company, and this expansion shows their ambition to continue growing their business.
“We want to help businesses and developers overcome viability gaps to support the delivery of new projects. This will ultimately lead to the creation of new and additional employment opportunities.
“I’m sure this project will encourage interest from others in similar schemes should they become available in the future.
“We remain committed to helping Barnsley's economy grow. This will provide new opportunities for residents and may also raise interest outside the area in living and working in Barnsley, the place of possibilities.”
Notes for editors
The Towns Fund is working directly with places and putting power in the hands of local businesses and communities to unleash the economic potential of towns and high streets across England.
The government’s aim is to see vibrant towns that are more attractive places to live, work and visit; and to increase opportunity across the country so that everyone contributes to, and benefits from, economic growth.
The Town Deals programme aims to regenerate towns and deliver long-term economic and productivity growth. This is through investments in urban regeneration, digital and physical connectivity, skills, heritage and enterprise infrastructure.
The Ministry of Housing, Communities and Local Government offered Town Deals to all 101 places that submitted proposals, committing over £2.35 billion of investment across about 700 projects nationwide.
