The depot will employ over 20 people and will offer safe and environmentally friendly modern workshop facilities.
The investment in the full scale depot signals the company’s confidence in the ability of Manchester’s construction industry to weather the current economic downturn.
Manchester depot manager Justin Saunders said: “Barbour ABI, a provider of construction market intelligence, estimates commercial construction output in Manchester over the next 12 months at over £1 billion, excluding public works. That is an astounding figure in the current financial climate and a sign that the construction industry in Manchester is robust enough to ride this wave.”
Despite recently selling its tool hire division Hewden has continued to expand its core plant hire business. Mr Saunders said: “Hewden’s recent divestment of the Tool Hire division to Speedy has allowed us to concentrate on cementing our industry leadership position in our core products.”
With a reduction in equipment for hire expected during the run-up to the London Olympic Games, Hewden hopes that the new depot will allow it to gain a foothold in the region in a relatively short space of time.
Mr Saunders said: “We anticipate a significant shift of plant equipment to London, in the next four years, to cope with the mammoth construction task ahead of the Olympic Games,”
“However, we expect Manchester to remain one of the top long term construction hot spots in the UK and so it is vital for Hewden to establish a base in the region.”