Ocado to create 2,000 jobs in new distribution centre
By: Laura Nineham
15 October 2010
Online supermarket Ocado will create 2,000 new jobs after it acquired a new distribution centre.
According to The Guardian, the supermarket hopes to deliver to more households around the UK, and will create up to 2,000 new delivery and driving jobs.
"We are delighted to have secured an outstanding site for our second CFC [distribution centre]," said Tim Steiner, chief executive of Ocado. "Ocado is growing rapidly across the country and this location ensures we will have capacity to provide more customers with the leading online grocery offering."
Ocado paid £17.74million in cash for a 999-year lease of the 35.2 acre site in North Warwickshire. They'll build a 250,000 square foot centre to double its capacity.
As reported by The Financial Times, work will begin immediately on the project which will cost a total of £210million.
"If you look at the motorway interchanges in the UK, the best place to put something to service the Midlands and north of the country is to put it in the north Midlands, which is exactly where this is," explained Andrew Bracey, finance director of Ocado.
The group, which has yet to make a profit at the pre-tax level, has reported a 30 per cent growth in sales for August, reaching £372million.
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