120 manufacturing jobs saved in Grantham

The purchase of Fruehauf out of administration by MV Commercial has breathed new life into the local trailer and truck body manufacturing business, securing the 120 jobs at risk. Not only was there an immediate cash injection, but a commitment to a £10 million investment over the next three years as part of ambitious plans to modernise Buckminster’s 35-acre site. 

Tom O’Rourke, CEO of MV Commercial, says: “This is a hugely significant day for both businesses and quite simply an opportunity we couldn’t turn down. Fruehauf has a fantastic product range, a rich heritage, and a wealth of talent within Grantham which will be complemented by our own strength and experience in the marketplace. With immediate effect we are starting work to scale production back up, enabling us to commit to a delivery schedule for outstanding customer orders and begin building new stock trailers for MV’s own contract hire and ready-to-go fleets.”

MV Commercial has plans to revive and reinstate the legendary ‘Crane Fruehauf’ name that the business was known by up until 1998.  

“I am absolutely thrilled to have MV Commercial taking on this business, and with their vision for developing a transport industry hub within Grantham.”

says Sir Richard Tollemache

“It is essential that we secure jobs and future employment opportunities for the area, as without employment there’s no point in building the new housing which is being proposed. This investment and commitment from MV Commercial is precisely what we need and will help contribute to the revitalisation of our town centre.”

Later in the time frame plans are being made to open a truck sales and rental facility as well as to increase production to 15+ trailers per week.