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South Ribble BUSINESS NEWSLETTER OF Invest in South Ribble SUMMER 2014 INSIDE THIS ISSUE 150th F-35 Aircraft Set Complete: BAE Systems’ multi-million pound investment Hat-Trick: Three high profile kit deals for Kukri Starters Orders: New sports annexe nears completion Real Ale With A Twist: Micropub opens in Leyland go to: www.businessinsouthribble.com or call: 01772 625567 It’s Happening in South Ribble Business and Growth Supporting Local Expansion Across Businesses the Borough Leyland Festival Parade 2013 F35 Integrated Assembly Line Elite Sets Aside Places for People Welcome to the £50k for Training Elite Telecom, a leading unified South Ribble communications provider based at Matrix Park, Buckshaw Village, has announced a £50,000 training budget Business Newsletter in its bid to ensure that the company leads the sector with the most skilled South Ribble offers: and knowledgeable employees. A great location for business The company has already invested significantly in both in-house and Good value for money for investors external staff training across all departments, differentiating itself in A great choice of highly accessible City Deal to Generate Growth a competitive recruitment market by business premises offering training as part of a wider Places for People Plans A new City Deal has been agreed to accelerate local benefits package. Major Expansion Skills to meet business needs economic growth. Building on the success of the first wave Matt Newing, CEO of Elite Telecom, said: Places for People, a property of City Deals agreed last year, the Preston, South Ribble “Nurturing talent within the business is management, development and and Lancashire City Deal will drive forward local growth part of our focus on ensuring we have regeneration company based at Contact us to find out more by encouraging areas to make the most of their economic skilled, motivated and loyal staff across F-35 CTOL Variants South Rings Business Park in Bamber 01772 625567 assets. the company. Bridge has put forward a proposal to Over a 10-year period, the deal is expected to generate 150th F-35 Aircraft “Setting aside a sizeable budget for expand its current office space. more than 20,000 new private sector jobs, including 5,000 training is a key part of our business The business wants to create a in the Lancashire Enterprise Zone and 17,420 new homes, Set Complete development strategy and will ensure three-storey office and conference whilst creating £1billion in economic growth. we offer specialist services delivered BAE Systems has completed the facility, a gym, industrial starter with consistent efficiency.” The £434m scheme, led by South Ribble Borough Council, manufacture of the 150th F-35 rear units and additional parking at their Preston City Council, Lancashire County Council and the fuselage and tail set at its military South Ribble facility. Lancashire Enterprise Partnership, will make the area one aircraft factory in Samlesbury, of the most important economic centres outside of London Lancashire. Pat Egan, managing director, Places and will act as a catalyst for growth – attracting an for People Homes, said: “As a result estimated £2.3bn of commercial investment. The set, known as AF070 is a of the organisation’s continued Conventional Take Off and Landing success, plans have been submitted This will open up new investment opportunities for (CTOL) variant destined for the to expand our regional hub. As a businesses and provide new markets for goods and services. US Air Force. Leyland Town Centre major employer in the South Ribble Ron Augustyn, managing director of Leyland Trucks, said: Jon Evans, head of production area, the expansion of the site is an “The focus on infrastructure means less congestion for (L-R) Matt Adamson, group account manager exciting prospect.” delivery, F-35 said: “We are now and Craig Fox, senior accounts assistant SMEs Benefit from Supportive employees. It will mean more houses and attract other producing aircraft sets at a rate of businesses to invest here – hopefully more engineering one every five days thanks to the TEG will be Business Environment TEG is Quids in With Hillbarton Site companies to add to the skilled workforce, which will multi-million pound investment we responsible for provide a larger talent pool for our recruitment efforts.” made in the Samlesbury site, so we’re Business Acquisition South Ribble Borough Council provides a supportive business processing 34,000 well on the journey to being able environment for local businesses by offering links to support The TEG group, which specialises in tonnes of organic to produce at a rate of one a day by organisations and funding initiatives to help businesses tailored organic waste solutions, has waste per year, 2018. With a potential requirement develop. Our Website is Now Live! acquired the business and assets of a with permission of 3,000+ aircraft, the scale of this We are delighted to announce the launch of our investment Devon-based composting operation to raise this to Under a new policy small businesses and those in retail programme is huge, and so is our website, which will give new investors and established for a fee of just £1. 50,000 tonnes premises, such as shops and restaurants, will see a reduction commitment to deliver to it.” South Ribble businesses the opportunity to access support per year. in their business rates. The Matrix Park-based company services and find out about the latest news in the borough. BAE Systems is responsible for the announced it would pay £1 to purchase Mick Fishwick, chief executive officer The reductions came into effect in April 2014. In an attempt to production of each and every rear The website, www.businessinsouthribble.com, features a the Hillbarton site from Glendale of TEG, said: “We are delighted to have bring empty retail premises back into use, potential ratepayers fuselage and tail set. The company bespoke property search function, enabling companies to find Recycling, a subsidiary of Parkwood acquired this excellent facility from will be offered a 50 per cent reduction if they take up a retail also plays a key role in vehicle and commercial premises through our free investment location Holdings. A further consideration of Glendale as the plant fits well from a space which has been vacant for longer than a year. mission systems, life support systems service. It will also offer help with business support, training up to £400,000 will be payable if the geographical perspective, whilst giving and prognostics health management For more information on business rate relief please call and employment, advice on business regulations and details operation hits performance targets over us the opportunity to service the South integration. 01772 625238/9. of support for new business starts. the next four years. West of England.” 02 The Business Newsletter of South Ribble Borough Council www.businessinsouthribble.com 03 Business and Growth Location, Location, Location Driving New Welcoming Opportunities New Neighbours Chestnut Expands and Makes a Move Chestnut Insurance Services has relocated to Leyland Business Park following the growth of its team and an increase in demand for its services. Manchester Truck Technology Firm Crossley House Industrial Estate Acquired by The insurance company has moved from its former 600 sq ft Company ‘Parks Up’ office in Leyland to new premises which are twice the size. Canadian Group A Greater Manchester-based Trio of Deals at The firm, which provides personal and commercial insurance truck parts distributor Penwortham Estate Leyland-based Mi Technology Group services, has also recruited a trio of new starters including an has opened its second has been acquired by CSA Group, a office administrator and two insurance advisors, taking the distribution centre in Three lettings totalling Canadian firm based in Toronto with total headcount to seven, whilst they are also in the process Bamber Bridge. 16,600 sq ft have been of recruiting apprentices from Runshaw College. agreed at Crossley House multiple offices across America, Asia Tranzparts, whose head office Industrial Estate in and Europe. is in Radcliffe, has taken a Leyland’s Torotrak Completes £23m Takeover Jemma Holden, company owner and director, said: “We have Penwortham. The company, established in 1993, had a busy and successful few months and moving to newer three-year lease on a 6,700 provides analysis and consultancy Low carbon vehicle technology engineering company Torotrak has acquired and bigger premises gives us the perfect structure to service sq ft unit at Walton Summit Haulage and courier company services, testing cars, commercial Flybrid Automotive Ltd, technology leaders in flywheel-based hybrid systems our clients in what has been a great year for us. Industrial Estate. S&L Fastrack has taken 3,600 sq ft for 12 months, Boulton vehicles and off-highway machines for vehicles, in a deal worth up to £23m. The company was founded “We are a small, friendly company offering the highest Vehicles Ltd is to take 6,500 for environmental impact, emissions in 1979 and supplies HGV The company said the purchase of the remaining 80 per cent of Silverstone-based standards of service. The team has a wealth of experience sq ft on a three-year deal and engine performance. CSA Group components including brakes, Flybrid provides a platform for the joint development and launch of Flybrid’s and as a company, we realise that everyone has different and existing tenant Redline specialises in product certification batteries and lighting. It Kinetic Energy Recovery System technology for various vehicle applications. needs. We use our years of experience and knowledge to Coaches has moved to larger and testing. ensure we secure the best deal for each customer.” has a turnover of £1.5m and Torotrak, based on Aston Way, Leyland, believes the combination of the two 6,500 sq ft premises.
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