Chepstow Plant International (CPI) has agreed a ‘transformational’ £20m quarrying fleet investment deal with Volvo CE.
CPI, a strategic mobile plant supplier that operates within the mineral extractives sector in the UK, says the first of 70 new Volvo machines have now started to arrive on-site
Many of the new fleet, which comprises of 52 articulated dump trucks, seven excavators and twelve dump trucks, will be deployed to support flagship projects and new contract wins for CPI.
The company says it has stood firm in its commitment to continual fleet investment, despite the challenges presented by COVID-19 and the resulting economic downturn.
All the new vehicles will be fitted with the latest Tier V engines, which CPI says will help to not only drive down fuel and operating costs for its clients, but also improve the efficiency and environmental impact of vehicles on-site, pushing the company closer to its net zero sustainability targets.
John Corcoran, managing director at Chepstow Plant International, commented on the Volvo CE deal: “The quarrying and aggregates sector has been put under real pressure these last twelve months. However, quarries across the country have remained open and machine hours are slowly being increased as work begins to pick back up again. Like any business, it’s imperative that we continue to meet customer demand – and we can only achieve this by delivering the latest and most efficient assets currently available.
“It might sound counterintuitive, but continual – and clever – investment remains the most sensible option for businesses during uncertain times, and this approach has ultimately unlocked a number of economic and environmental benefits for both CPI and its customers.”
He added that CPI’s long-standing partnership with Volvo, along with their track record for both health and safety and technology innovation across dump trucks, excavators and wheel loaders, made the latest major investment a fairly simple choice.
CPI, which has been in operation since 1995, has also agreed significant fleet investment deals with Liebherr GB and Finning UK this year.
