Briggs in £5.5m investment drive
Briggs Equipment has invested £5.5m in its short-term rental (STR) fleet. The Cannock-based forklift company said the investment was part of a wider £20m growth plan.
The 450 new Yale machines being purchased this year will increase the company's total fleet to more than 900, it added.
Allan Parsons, asset manager of Briggs Equipment, said: "We have made a huge step in our transition plan to supply the most efficient and reliable products. We want to be totally committed to providing our customers with cost effective, short-term solutions who want to rent from as little as one day or up to one year.
"STR fleets are usually made up of very old equipment which come with high maintenance and repair costs. Our machines are virtually new which will see fewer breakdowns and will keep service costs to a minimum."
Currently, Briggs’s STR fleet is 30 per cent Yale. In the next six months, the company said it hopes to increase this to 55 per cent (1,200 machines).
