Siemens fac­tory will ‘un­lock po­ten­tial’ of site next door

Yorkshire Post - Business - - COMMERCIAL PROPERTY -

A DI­REC­TOR at de­vel­oper Ster­ling Capi­tol be­lieves the £200m in­vest­ment by Siemens in York­shire will un­lock the po­ten­tial of its busi­ness park next door.

Mike Hey­decke, di­rec­tor of the Leeds-based firm, wel­comed Siemens’ plans to build a train fac­tory at Goole 36, say­ing it was “tremen­dous news for Capi­tol Park and tremen­dous news for Goole”.

Mr Hey­decke said: “Capi­tol Park Goole, ad­ja­cent to the M62 at Junc­tion 36 and next to the Siemens site, is per­fectly po­si­tioned to take ad­van­tage of this in­vest­ment. The park has been opened up by the new link road from the mo­tor­way to the port and has mas­sive eco­nomic po­ten­tial. This po­ten­tial can now be un­locked by this ex­cit­ing de­ci­sion.”

Siemens has signed a longterm agree­ment for the lease of a 67-acre site, with plans to build a new fac­tory to man­u­fac­ture and com­mis­sion trains.

It aims to start phased de­vel­op­ment later this year, if in­vest­ment con­di­tions are met, and sub­ject to the com­pany’s suc­cess in ma­jor future rail or­ders.

The new fac­tory could em­ploy up to 700 peo­ple in skilled en­gi­neer­ing and man­u­fac­tur­ing roles, plus an ad­di­tional 250 peo­ple dur­ing the con­struc­tion phase.

Around 1,700 in­di­rect jobs are ex­pected to be cre­ated through­out the UK sup­ply chain.

Stephen Sil­vester, in­ward in­vest­ment man­ager of East Rid­ing of York­shire Coun­cil, said: “A man­u­fac­tur­ing in­vest­ment of this scale will pro­vide sig­nif­i­cant sup­ply chain op­por­tu­ni­ties and the re­sult­ing clus­ter­ing ef­fect will mean the sur­round­ing al­lo­cated em­ploy­ment land such as the Capi­tol Park En­ter­prise Zone will be ideally placed to ac­com­mo­date these ad­di­tional re­quire­ments.”

Robert What­muff, a di­rec­tor at mar­ket­ing agent Col­liers In­ter­na­tional, said: “Since the Siemens an­nounce­ment, we have been ap­proached by sev­eral sup­ply chain com­pa­nies who have re­quested fur­ther in­for­ma­tion about the site and the En­hanced Cap­i­tal Al­lowances ben­e­fits against in­vest­ment in new plant and ma­chin­ery that the site could offer com­pa­nies lo­cat­ing to it.”

The news of the Siemens in­vest­ment fol­lows the an­nounce­ment of the de­vel­op­ment of the 29-acre Goole In­ter­modal Ter­mi­nal next to Capi­tol Park.

MIKE HEY­DECKE:

‘This po­ten­tial can now be un­locked by this ex­cit­ing de­ci­sion.’

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