Chairman Neville Dickens told the official website,
"It will be a great partnership and is a vital element in our plans to take the club forward," he said.
"We have been working hard for 12 months to secure this sponsorship.
"The deal has been agreed in principle by the company's local directors and is subject to full board approval, which should be a formality.
"We have been actively looking for a sponsor for the stand since last year because this is a big thing for us and we are pleased to reach this point."