More than 100 new jobs are set to be created in Northampton’s Enterprise Zone, it has been revealed, after a development firm confirmed it was building a bespoke manufacturing facility.
No details have been given about the employer but it would be the first new company to relocate to the area after the zone opened more than four years ago. Up until now, the benefits of the zone have been extended to existing companies such as Cosworth and Carlsberg, as well as helping the University of Northampton create its new campus.
Northampton Borough Council this afternoon confirmed that development firm, Coltham, had exchanged contracts on the site previously owned by the Homes and Communities Agency off Edgar Mobbs Way for the bespoke building.
It is thought that the employer would create about 110 jobs. Coltham is also seeking to provide a further unit, measuring around 30,000 sq ft, to a neighbouring site.
The move has been welcomed by leader of Northampton Borough Council, Councillor Mary Markham.
“This is good news about further development bringing new growth and more jobs to our Enterprise Zone,” she said.
“Northampton Waterside is one of the highest performing Enterprise Zone’s in the country and we have already created well over 1,000 new jobs and have leveraged more than £150 million of investment from the private sector.
“This is yet another positive step forward for the Northampton Alive programme of regeneration that is helping to secure the reputation of the town as a great place to do business, and ensuring our future prosperity.”
Charles Amies, the HCA’s head of area for the south east Midlands, said: “We are pleased to be able to announce this important step forward for this development, which is a great example of how working together with the Local Enterprise Partnership, the borough council and the private sector we can help support local economic growth.”