April 30, 2014 1.45 pm This story is over 119 months old

Expansion move for Lincoln firm’s 50th birthday

50 years in business: A multi-million pound Lincoln hydraulics specialist has invested in an expansion of its warehousing facility.
(L-R) Banks Long & Co Trainee Surveyor Jonathan Purkiss shaking hands with Pearson Hydraulics’ Managing Director Rick Dring in the new premises.

A Lincoln hydraulics specialist has invested in an expansion of its warehousing facility, as it celebrates half a century in business.

Pearson Hydraulics has leased a 5,000 sq ft warehouse on Cardinal Close in Lincoln.

The firm, which offers products and services from simple components to full electro-hydraulic projects, currently employs 40 people across sites in Lincoln and Grantham.

The expansion comes after a substantial investment in equipment and systems, which will enable the company to provide an broader service to customers.

The firm has spent £100,000 on a new hose cutting machine, which is capable of cutting 750 hoses an hour and marking them with customer’s details, and a further £100,000 on stock control management software.

Pearson Hydraulics’ Managing Director Rick Dring shows Banks Long & Co Trainee Surveyor Jonathan Purkiss the capabilities of the firm’s new £100,000 hose-cutting machine.

Pearson Hydraulics’ Managing Director Rick Dring shows Banks Long & Co Trainee Surveyor Jonathan Purkiss the capabilities of the firm’s new £100,000 hose-cutting machine.

Managing Director Rick Dring said: “We are growing again in our 50th year. Our main Cardinal Close premises, complete with trade counter, were built in 1998. 

“We extended them by 50% two years later and we have been looking for further storage capacity over the past two years.

“Over the last eighteen months we rented warehousing in the centre of Lincoln, but then we discovered that this 5,000 sq ft unit, just yards from our main premises, had become available.

“We have distribution agreements with leading manufacturers, but one of the reasons for our most recent growth has been a decision taken by the Danish company Danfoss to appoint us as one of only two UK-based master distributors.

“We are also being increasingly recognised for our Original Equipment Manufacture kitting, whereby we are able to supply all the hydraulic parts needed to assemble and install the hydraulic content of a complete machine as one package, with one part number.”

Banks Long & Co Trainee Surveyor Jonathan Purkiss, who completed the lease, said: “We are seeing a definite pick-up in demand for industrial premises and this confidence is being underlined by developer interest in creating more speculatively-built units, alongside partly-committed premises.”