Rochdale piling company set for growth following £500,000 investment in new machinery

Cohesion Piling

A Rochdale-based piling company is set to increase its efficiency and reliability thanks to a half a million pound investment in new machinery supported by Lloyds Bank.

Cohesion Piling, established in 2012, specialises in piled foundation and underpinning work across both the public and private sectors. The business installs concrete or steel piling to support structures around the UK ranging from standard housing and cinemas to tower blocks and office developments.

The business has grown and has seen a steady increase in demand for its services post-pandemic. The hire purchase funding from Lloyds Bank of £500,000 has allowed Cohesion Piling to invest in new machinery, which will increase efficiency and reliability allowing it to grow the business even further.

The durability of the new CFA Piling Machine makes it more effective, and it also boasts a bigger rig which allows the piles to get in quicker, making the system more economical. The machine is currently being debuted in Blackpool for four weeks before moving on to its next site.

Next year, Cohesion Piling is looking to develop further by replacing and adding to their fleet of four. This includes machinery for new, lower carbon products, eliminating steel reinforcement and minimising site waste. They are also keen to grow in size and are partnering with Manchester Building College to recruit graduates for work experience.

Gary Kime, manager at Cohesion Piling said: “Cohesion Piling is currently experiencing high demand, and we are excited to continue growing as an organisation and be able to serve our customers with increased proficiency.

“It is important for us to continuing advancing our company over the years, and we’re pleased to have had Lloyds Bank by our side since 2012 to support our progress. We are looking forward to the new developments that the updated machine will bring with it.”

Gregg Menzies, Associate Director, Asset Finance for Lloyds Bank, said: “At Lloyds Bank we are keen to support the CapEx plans of North West businesses via a full range of asset funding options and the construction industry continues to be a strong sector for us.

“We recognise how important it is to be by the side of businesses during this time, and Cohesion Piling is a standout example of a company whose asset funding needs we have long supported. We are pleased to see the company grow over the years, and look forward to seeing what they do next.”