Online retailer Tile Mountain has announced it will invest £10 million in new premises in Stoke-on-Trent.
The company reported a 60% increase in turnover for 2015 and the growth has seen a demand for larger premises.
A specially-built facility will include a warehouse and office block of 109,000sq ft, as well as a 7,500sq ft mezzanine level. The new five-acre site will also create around 70 jobs over the next three years.
“Since its inception three years ago, Tile Mountain has become the fastest growing online tile company in the UK, with an increase in turnover of over 60% last year alone,” said chairman Mo Iqbal.
“We are pleased to be part of Stoke-on-Trent’s business community and to be contributing to the local economy. The company currently employs 27 people and we are thrilled that our rate of growth will continue to provide further jobs for local people.
“I was brought up in Tunstall (Stoke-on-Trent) and am delighted to be able to be back and investing in the area. We hope that Tile Mountain’s investment in building a new warehouse, office block and showroom, on a site that has been abandoned for many years, will help trigger a regeneration of all the old land along the Brownhills Road.”