THE MP for Montgomeryshire, Craig Williams has visited Montgomeryshire based transport firm Speed Welshpool, who have made the largest investment into the business within the company’s 40-year history.

Speed Welshpool, which operates out of the Buttington Quarry site, have added £1.1million of investment over the past year to grow its fleet. The firm has expanded its fleet to 27 large HGVs and 10 vans, which represents a huge leap in the business’ armoury from just five years ago when they operated just 10 HGVs.

The company, which is part of the Palletways freight network group, says that the investment “demonstrates our commitment to better serve our customers and staff.”

Speed Welshpool was established in 1979, with present owners Phil Edwards, and son and Managing Director George Edwards, acquiring the business in 2009. They deliver all over Mid Wales and Shropshire, and currently employ over 50 staff.

Craig Williams MP, who recently visited Speed Welshpool’s headquarters and met with Phil and George, said: “It was great to visit Speed Welshpool and meet with Phil and George Edwards.

"Their investment of £1.1million into the business demonstrates just how successful the company has been since their takeover in 2009, with their forecasted turnover for this year being £5 million.

“2020 has seen the delivery and freight sectors working tirelessly during the pandemic in rising to and meeting the many challenges which Covid-19 has brought, and Speed’s efforts have been vital to the whole of Montgomeryshire and the surrounding areas.

“I was very pleased to chat with Phil and George about the company’s success and have a tour of their new fleet. It is fantastic to see a Montgomeryshire business going from strength to strength.”