Mallinson Properties for KMS Transport, a Barnsley haulage and logistics company, has recently secured a £1.2 million investment from the Goldthorpe Towns Commercial Investment Fund. This investment will be used to expand pallet storage capacity, create new job opportunities, and enhance social value through local supply chain support and environmental sustainability initiatives.
Stephen Mallinson, Managing Director of Mallinson Properties, expressed gratitude for the grant, stating, “We are thrilled to receive this support from the Goldthorpe Towns Commercial Investment Fund, allowing us to meet the increasing demand for our products and services and expand our business operations. This project will not only benefit our company but also contribute to the local economy and community, showcasing our commitment to the growth and prosperity of the Dearne Valley area.”
Matthew Stephens, Chair of the Goldthorpe Town Deal Board, commended the project, emphasizing the importance of supporting local businesses and social value. He added, “We are pleased to see Mallinson Properties utilizing the local supply chain for this project, fostering economic growth and community development.”
The Goldthorpe Towns Commercial Investment Fund is part of a government-funded initiative investing £23.1 million in Goldthorpe, Thurnscoe, and Bolton upon Dearne. The Goldthorpe Town Deal Board oversees the distribution of this investment, with a focus on supporting businesses to create high-quality jobs and attract new investments to the Dearne area.
Mallinson Properties is utilizing the grant to construct two extensions to its current premises, showcasing their commitment to growth and development. Councillor Robin Franklin, Cabinet spokesperson for Regeneration and Culture, highlighted the support provided by Enterprising Barnsley in securing the funding and lauded Mallinson Properties for their ambition in expanding their business.
“We aim to assist businesses in overcoming viability challenges to enable the delivery of new projects, ultimately leading to the creation of employment opportunities,” stated Councillor Franklin. “We are dedicated to fostering economic growth in Barnsley, creating opportunities for residents and attracting interest from individuals looking to live and work in a place of endless possibilities.”
