Napier, MSCNewsWire, Monday 4 July 2016 - ContainerCo’s vision of marketing shipping containers as architectural components has opened up a new area of for the ubiquitous boxes.
The dual application as construction modules on top of the traditional freight role has seen the depot operator expanding into the building supplies sector and its high-end too given the current interest in using the boxes as design-style add-ons.
The company has depots in Tauranga, Auckland, Napier and Christchurch.
The Napier depot is considered notably strategic given the port’s recent expansion of its freight handling along with the plentiful supply of land around the port for economic container storage, and repairs.
Napier is also free of the North Island road traffic congestion that has come to plague cargo movements around Auckland.
ContainerCo cites it growth over the last five years as averaging four percent and it ascribes this to the 40 foot and 20 foot container volumes entering and leaving New Zealand expanding by 16% and 8%.
The company says it has engaged investment bankers Cameron & Co to assist in identifying longer terms expansion opportunities.
After correctly anticipating containers having a new market in the construction sector, the freight company can be expected to evaluate additional applications to power growth in its new retail and hire side.
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