Lovemore invests R13m in infrastructure

Capital expenditure by major companies prompts expansion
KEVIN MAYHEW
CONTINUED CAPITAL expenditure by major companies in the private sector has prompted machinery logistics specialists Lovemore Bros of Pinetown to invest R13m in infastructure and equipment in the past year. A new warehouse and handling complex is under development in New Germany at a cost of some R10m. Loading bays serviced by a 25ton gantry crane and a high volume building increased and improved Lovemore Bros’ capacity in an already well established and educated market, says joint MD Rob Lovemore. The complex opens this month. Investments in plant and equipment include a 55-ton payload air suspension low bed trailer pulled by a brand new MAN horse and a new crane truck / trailer combination vehicle to complement the established weekly Johannesburg service. These additions bring the fleet to a total of 20 specialised rigging vehicles. Postive outlook “It all points to a very positive outlook we have for the economy of this province. We have a demand for our services and by remaining focused on the needs of our clients we have consolidated our position as KZN’s leading rigging and warehousing company,” explains Lovemore. Although KZN-based and heavily committed to the province, it undertakes work around the country with a weekly schedule in Gauteng. It is also finding a greater need for its expertise in Port Elizabeth. The company offers a one-stop service for delivery of heavy machinery, and this includes the infrastructure as well as a dedicated team of operators.