Powerhouse Minister visits Enterprise Zone
James Wharton MP, Government Minister for Local Growth and the Northern Powerhouse, met with Sheffield City Region leaders at the Markham Vale Enterprise Zone site today.
Sheffield City Region Enterprise Zone sites have attracted 1100 jobs in total, with a number of recent announcements confirming new companies moving onto Zone.
James Newman, Chairman of Sheffield City Region Local Enterprise Partnership (LEP), said:
“Our Enterprise Zone sites are a key part of the Sheffield City Region’s ambitious ten year Growth Plan and I’m pleased that our successes have attracted the attention of the new Northern Powerhouse Minister.
“The Zone is a real hotbed for modern manufacturing and technology businesses and has seen a number of investments at the Advanced Manufacturing Park and at Sheffield Business Park – home to the stunning new Factory 2050 development.
“We’ve invested well in developing our Markham Vale Enterprise Zone site which is going from strength-to-strength, with a number of new companies about to join our growing business community, including Great Bear, Gould Alloys, inspirepac and Meter Provida.”
The Government launched Enterprise Zones in April 2012 as part of its economic plans to rebalance the economy so all parts of the country have the tools to thrive. The Chancellor announced the further expansion of the programme as a part of his summer budget.
Part of the Markham Vale site falls within the Enterprise Zone and recent developments include:
- National distribution and warehousing company Great Bear signing a deal to move on site in 2016 creating 400 new jobs.
- The start of work to build new premises for gas, water and electric meter supplier Meter Provida, creating 40 jobs on site in January next year.
- Packaging firm Inspirepac moving on-site with a view to creating up to 100 jobs as the company grows over the next two years.
- Around 50 jobs created at Gould Alloys which moved on site in June.
- Work starting to expand the site and turn the former Seymour Colliery site into prime economic land with the potential to create more than 2,000 more jobs in the area.
More than 50 jobs created at Markham Vale are located in Sheffield City Region Enterprise Zone with around 500 more on the way. Around £66m has been secured by Derbyshire County Council to develop Markham Vale with a further £18m secured by Sheffield City Region.
Councillor Western, Leader of Derbyshire County Council, said: “Creating a strong economy in Derbyshire is one of our top priorities by helping businesses to thrive and create jobs for local people.
Posted on Friday, August 28th, 2015
“We’re working hard to attract businesses to Markham from outside the county but also provide a top-rate business park where home-grown businesses can expand and keep Derbyshire jobs in Derbyshire.
“The latest figures show just how far we’ve come since Industrial Ancillaries became the first firm to move on site six years ago.”