Chestnut Homes invests over £500k in new machinery

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A Lincolnshire developer is to make an investment of over £500,000 in new machinery as it prepares for expansion.

Chestnut Homes, based in Langworth, will celebrate their 30th anniversary in 2018 and will add nine new telehandlers to its fleet, replacing the current ones which are between 10 and 15 years old.

The new machinery will come as part of a £550,000 investment

Work has begun on The Quadrant, a mixed-use scheme which aims to deliver 500 new homes and a community stadium for Boston.

There are also plans for a 275-home development in Dunholme and a third phase of homes at Manor Farm in Bardney.

Chestnut Homes will be purchasing their new machinery from TC Harrison JCB of Lincoln.

David Newton, managing director of Chestnut Homes, said: “The purchase of these new state-of-the-art telehandlers represents a significant investment in our fleet of machinery and underlines our commitment to delivering high-quality developments across Lincolnshire in the years to come.

“The new machines will improve efficiency on our sites, enabling us to deliver much-needed new homes in more locations to meet the continued demand, and we look forward to seeing them working.

“This is a very exciting time for Chestnut Homes. We have just come off the back of our most successful financial year to date and we are looking ahead to celebrating our 30th anniversary next year.

“We’re delighted with how the company has grown since it was founded in 1988, and our aim is to continue this expansion in the years ahead, building more new homes and increasing our workforce in the process.”