Logistics firm to benefit from government cash injection
A Lancashire company is to benefit from a £23m investment in the region, announced by the deputy prime minister.

North West Logistics, which provides storage and transport services to a range of blue-chip companies across Europe, will build a new facility to expand its specialist hazardous product division.
A total of £23m has been given to seven projects in the North West in Round 5 of the Regional Growth Fund (RGF). This is expected to raise £140m of private investment and create and safeguard thousands of jobs.When added to the success of the first four rounds, this represents a total of £420 million of RGF funding for 79 North West projects. This has raised £2.3bn of private sector investment and will create tens of thousands of jobs in the long-term.
Deputy prime minister Nick Clegg said: “We’re seeing very encouraging signs that the British economy is on the road to recovery. Home-grown and British-based businesses are leading that charge for a stronger economy. The Regional Growth Fund gives businesses a helping hand from Government to fuel business expansion and create sustainable employment." Round 6 of the Regional Growth Fund will open for applications in the summer.