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Pallet network goes for growth
Page 20
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brtec's plans for 2007 include a )igger hub and online services.
toanna Avison reports.
ORTEC PALLET Distribution etwork is introducing secure and iline services in the third quarter this year as it expands from 62 175 licensees. The company says needs to increase the network to indle anticipated growth over the :.xt five years A 13,000in hub at Watford Gap ill open for business after Easter MD Rod Abrahams says the 2w huh, larger network and extra ;rvices will help the group"remain . the quality end of the market". These services will include Drtec Secure and Fortec Online. ,brahams explains: "People are quctani to put high-value goods trough pallet networks because iere are too many vulnerabilities. ut Fortec Secure will offer a ;cure option, while Fortec Online aimed at small businesses that want to move one pallet. it enables them Inset up a collection and pay by credit card on the website.
• Last year Fortec Pallet's throughput grew by 15% to about 65,000 pallets; it invested £750,000 in improving infrastructure and IT. Turnover was £5.5m with £518,000 profit. This year Abrahams plans to increase turnover and profits by 15% and 10% respectively.