More jobs in pipeline as Enterprise Zone attracts inspirepac
Up to 100 new jobs are to be created at the Sheffield City Region Enterprise Zone as Chesterfield-based packaging and printing specialist inspirepac announces a multi-million pound expansion.
Markham Vale is one of the UK’s biggest Enterprise Zone developments and this latest development is being funded using a £14.2m Government grant awarded through the Sheffield City Region’s Enterprise Zone.
James Newman, Chairman of the Sheffield City Region’s Local Economic Partnership, said:
“Our LEP has focused on building the UK’s number one Enterprise Zone for modern manufacturing and technology. We can offer investors outstanding transport connectivity, a highly-skilled talent pool and the best UK Government tax incentives available. The strategy is clearly paying off with world leading technology companies like inspirepac recognising that Sheffield City Region is the best place for them to thrive in a highly competitive global marketplace.
“I look forward to welcoming inspirepac to our Enterprise Zone. They join a growing community of modern manufacturing and technology companies at our Markham Vale site, which is perfectly located just off the M1 with a dedicated junction at 29a.
“The news that inspirepac will bring an additional 100 high quality jobs is great news for people in the Sheffield City Region and great news for Markham Vale. Since the launch of our Enterprise Zone, 18 new companies have located on our Enterprise Zone with 480 jobs already created on site and around 400 set to be created in the coming months. Our Zone is also home to over 160 students at the University of Sheffield’s AMRC Training Centre −providing the skills that manufacturing companies need to compete globally.”
inspirepac, which manufacturers a full range of corrugated cardboard from basic transit and protective cases to specialist retail-ready packaging and fully printed displays, for well-known blue chip brands, will move into a new 100,250 sq ft warehouse and office building being built at Markham Vale.
The new premises will add to the firm’s existing sites at Sheepbridge in Chesterfield, Dronfield, Wetherby in Yorkshire and Runcorn in Cheshire, and will house new high quality state-of-the-art printing, die-cutting and gluing machinery as part of a £6million investment to help transform the company’s £46m group of businesses.
inspirepac, which supplies leading companies including PepsiCo, Bacardi, Thorntons, Kimberley Clark, 3M and Unilever, currently employs 260 people in total including 110 staff at its Sheepbridge headquarters − and a further 100 jobs will be created at the new site long-term.
Chris Marples, CEO at inspirepac, said:
“We are delighted to secure new premises at Markham Vale. This new site, combined with further planned investment in 2016, will enable the Inspirepac Group to grow beyond £90m in the next five years, with the opportunity of creating up to 100 further jobs over this period. Local investment and new jobs are essential for the region and we are pleased to be playing our part in helping the local community and give job security and longevity to our existing employees.”
Anne Western, Leader of Derbyshire County Council, introduced inspirepac to Markham Vale. She said:
“inspirepac is a great ambassador for Derbyshire business. It’s embracing the latest technology to be a leader in its field and bring contracts from big name companies to Derbyshire.
“We’re delighted inspirepac has chosen Markham as the home for its new premises taking the number of its sites in the county to three.
“Today’s announcement is great news for Markham Vale which is playing a key role in our plans to drive growth in Derbyshire by stimulating economic activity, helping businesses to thrive and creating jobs for local people.”
inspirepac are the latest in a line of companies to acquire premises on the regeneration site off junction 29a of the M1.
Existing occupiers include MSE Hiller, Squadron Medical, Industrial Ancillaries, Andrew Page, Holdsworth Foods and Ready Egg Products.
Henry Boot Developments, the county council’s private sector developer, has secured a 20 year lease agreement with Inspirepac and will start building the new warehouse and office space next month. It is expected to be built by May 2015. Ben Ward, Henry Boot’s Regional Manager, said:
“We are delighted to secure such a significant deal with inspirepac. This is testament to the appeal of Markham Vale which continues to attract high performance brands because of its exceptional location right next to the M1 and also opportunities for high specification, purpose designed buildings that can facilitate next generation manufacturing and distribution techniques.”
Local Government Secretary Eric Pickles said:
“This is great news for Markham Vale and the local community. I visited the site earlier this year and was impressed by its vision for growth. This deal and the jobs it will create proves it’s delivering on that vision. Enterprise Zones are at the heart of our long-term economic plan to rebalance the economy. That’s why we have invested more than £14 million in this site, providing world-class infrastructure that supports businesses and creates jobs.”
Pictured above: Chris Marples of inspirepac with Ed Hutchinson, Director at Henry Boot Developments