Metalysis to Move into UK's Premier Manufacturing ParkPublished Wednesday, 25th May 2016
Rotherham Council and Property consultancy Commercial Property Partners LLP have announced the letting of the Advanced Manufacturing Park's Unit 4 to specialist manufacturing company Metalysis.
Metalysis works to transform the international metals industry in the production of titanium, tantalum, metal and alloy powders using a low-cost and greener electrolysis process. The company is to take the 11,000 sq ft high specification, modern warehouse space to create a process facility and is looking to employ 20 people initially at the new site, with plans to double this number over time.
The units leased by Metalysis are two of three developed by Rotherham Council. The units form part of the R-evolution development, a designated enterprise zone site with incentives to benefit new occupiers to the park, building on the scheme's success in providing flexible business space geared towards high-value advanced manufacturers.
Rotherham Council's Cabinet Member for Jobs and the Local Economy Councillor Denise Lelliott said the success in leasing the buildings demonstrated a continuing high level of business confidence and strong demand for high-quality commercial property in Rotherham.
She added: "Rotherham is continually evolving, attracting world-class investment and growing its manufacturing base by providing quality commercial opportunities for the people and businesses of the borough. From our award-winning business centres to the UK's Premier Advanced Manufacturing Park, businesses are choosing to come to a borough that is totally committed to manufacturing.
"Metalysis is an example of a real Yorkshire success story, with a well-established base already in the Dearne Valley Park, and we are delighted that the company has chosen to launch its new flagship technology centre at the Rotherham's AMP, the UK's premier advanced manufacturing park."
CPP Partner Ed Norris added: "This is a significant deal for our client Rotherham Council, and further great news for the local and regional economy here in South Yorkshire.
"The AMP, ideally situation in the heart of the UK, is designed to accommodate specialist advanced engineering and manufacturing companies and we are very proud to see it fast becoming the UK centre of excellence for advanced manufacturing.
Unsurprisingly, demand for space in the park continues to remain very strong, and as a result sees one of the highest capital value per square foot."
The overall site comprises 150 acres of land which is being developed to create a world class business and manufacturing park.
CPP was joint agent with Colliers.