New HQ is handed to US plastics firm
THE construction of a purpose-built UK headquarters in the Valley for the US-owned company Orthoplastics has been completed.
Over the past 12 months Rossendale council with contractors Barnfield Construction have developed the facility at Bacup’s Futures Park, supported by a successful Growth Deal funding bid of £1.525m. The building has now been handed over to the business with a 25-year lease agreement but will remain under the ownership of the council.
Orthoplastics produce high quality medical products such as knee replacements, mainly for the global export market.
Council leader Coun Alyson Barnes, who is also cabinet member for economic development, said: “It’s great to see a multimillion-pound investment go into the Bacup and Stacksteads area. The new factory will provide an estimated 100 new quality jobs as part of the expansion of production in the borough.
“The Growth Deal bid that was a competitive process was secured by the council’s Economic Development Team and this helped to support the business case for the council investment.”
The local authority says Futures Park has started to come to life.
Plot 1 is earmarked for a new 6,400 sqft, £1.5m
Bright Futures Nursery building, creating an estimated 30 jobs. Plot 3 is reserved for the Lee Quarry trail centre.
Plot 4 remains available for suitable enquiries and could accommodate a 20,000 sqft unit industrial unit with yard area. New business enquiries should visit investinrossendale. com and follow the Development Opportunities link.