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£10m capex plans for Nixon Hire

12 Apr 13 Newcastle-based Nixon Hire is planning to invest more than £10m in its fleet this year, on the back of a similar investment last year and a 16% rise in turnover.

Investment includes Bomag BW120 rollers
Investment includes Bomag BW120 rollers

It plans to spend £5m on plant, £3m on accommodation units and £2m on vehicles.

Joint managing director Graham Nixon said: "This investment is significant for Nixon Hire. We are experiencing a huge increase in demand from our customers for our products and of course, we want to be able to continue to meet this."

So far this year, Nixon Hire has committed to orders worth £3.7m on welfare vans and compaction equipment including Bomag BW120 rollers.

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