ACR Journal

NEWS 10 Volume 9 No.1 Karl Richardson, managing director at Logicool, Heather Wheeler MP, MP for South Derbyshire, Mel Howard, relationship manager at Lloyds Bank, and Gillian Richardson, customer service director at Logicool Logicool on the move to meet demand Air conditioning and heat pump distributor Logicool is expanding its capacity to meet growing demand after purchasing a new site in Derbyshire. Logicool has acquired the new 16,000sq ft property in Swadlincote, which is more than three times the size of its existing premises. It will enable the firm to hold up to 900 pallets of components for heat pumps and air conditioning units, over seven times more than its previous site. As well as more storage space, the property will include display rooms to showcase the products and expertise it can o er, in addition to more o ce space. It will also enable Logicool to transform its existing premises into a specialist training centre for sta and clients. Logicool works with its customers to design energy-e cient heating and cooling systems tailored to their buildings, utilising the most sustainable technologies such as heat pumps and ventilation systems. By using heat pumps, the firm is able to help businesses reduce their energy input by up to 75% while delivering the same level of heating output. The business used a six-figure finance package from Lloyds Bank to purchase the new site in order to increase its capacity to hold more stock in an e ort to mitigate ongoing supply chain issues. It has recently recruited two new members of sta and now employs 18 people in the area, with plans to take on two further employees over the coming months. Karl Richardson, managing director at Logicool, said: “We’ve enjoyed consistent growth for a number of years now and we recognised that we needed to increase our capacity to meet this demand. When the opportunity to purchase this site came up we knew it fitted the bill perfectly and the support we had from the Lloyds Bank team meant we were able to get the deal over the line quickly. “We’re only expecting things to get busier now more people are returning to o ces and uncertainty remains over supply, so making this investment now will make sure we’re in a good position over the months ahead and beyond.” VISIT OUR WEBSTORE webstore.uk.fujitsu-general.com DOUBLE COMFORT CLUB POINTS ON QUALIFYING PURCHASES UNTIL THE END OF THE YEAR Until the end of 2022 earn 4% rewards on all qualifying purchases through the Fujitsu Comfort Club* www.fujitsu-general.com/uk/comfortclub * Comfort Club registration required, T&C's apply ACR News Half Page - Double Comfort Club Points.indd 1 19/10/2022 08:37:01 December 2022 | January 2023