Billingham-based Able UK announced a major expansion of its vehicle storage and distribution operations on the Humber with the signing of a nine-year contract with BMW Group.
The deal will see the development of facilities including a 4,300 square metre pre-delivery and inspection facility on Able Humber Port in Killingholme.
Able UK said that when completed at the end of 2017 the project will provide around 100 jobs and provide storage for over 10,000 vehicles on a 60-acre site.
Able will provide the facility and it will be operated by the Grimsby-based GBA Group.
Able executive chairman Peter Stephenson said: “This is a major step forward in the development of Able Humber Port.
“We already have well-established large-scale vehicle and storage facilities and this new contract involves a further £25 million investment.
“We are delighted to have such a prestigious company as BMW Group as a new client.
“Able Humber Port is ideally placed for the kind of facilities required by major vehicle manufacturers, with both the space and the proximity to ports handling vehicle movements.”
Meanwhile, Able is developing more land on Able Humber Port including the construction of a link road for its Able Logistics Park project which covers more than 1,200 acres with full planning permission in place for the creation of extensive warehousing, external storage and transportation depots.