Investment Gazette - Issue 5 - Autumn 2011 - South Derbyshire ...

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Investment Gazette - Issue 5 - Autumn 2011 - South Derbyshire ...

South Derbyshire

Investment Gazette

Making South

Derbyshire

a better place

to live, work

and visit

Global packaging company, Chesapeake’s, state of

the art 93,000 sqft logistics and distribution centre at

Tetron Point in Swadlincote.

Issue no.5 Autumn 2011

Nationally business investment might have slowed, but in

South Derbyshire industries that make-up the “backbone”

of the local economy have still been forging investment

deals and expansions. The Summer was particularly busy

for logistics, supply and distribution property deals,

including another leading global company being welcomed

into the District.

In addition to the logistics sector, the Gazette reports on

growth news stories in the green economy and some

interesting retail investments. The District’s successful

inaugural Jobs Fair highlighted how important the area is

for new jobs. Meanwhile the local economic news comes

from a study of the impact of public sector cuts.

Information is also available on Government finance for

new enterprises.

The Goods News – a moving story

Chesapeake, a leading international supplier of consumer

packaging especially in pharmaceuticals took one of the

last new purpose-built cross-docked warehouses for its

distribution and consolidation hub. Unit P93 has been

taken on a 10 year lease. The global company, with

facilities across the UK, needed a central location to store

packaging and then redistribute in exact numbers direct to

its clients. The facility is now fully operational, employing

37 people. Many of the the world's great brands use

Chesapeake cartons, labels and plastic packaging for

niche markets. Chesapeake has 42 locations in Asia,

Europe and the United States and employs about 5,000

people worldwide. Capturing this project from

Northamptonshire underpins the District’s credentials at

the heart of the UK’s distribution & logistics sector.

Around half a dozen other important logistics expansions

and investments add value to this claim. Kuehne + Nagel

have added to the 350,000 sqft they occupy at Dove

Valley Park in South Derbyshire by taking a further 50,000

sqft at nearby Hilton Business Park. The former Dyson

works at Woodville has seen nearly 20,000 sqft let to

distribution and logistics specialists One World Logistics

and Piccasa Transport Solutions Ltd and whilst ATL’s

Foston premises are not expanding their workforce is.

The company are recruiting 10 extra staff to cater for

increased demand, particularly from automotive

customers. Peter Ascott MD stated: “It’s the location, our

Foston facilities and our staff expertise that have been

crucial to our growth”.

South Derbyshire Changing for the better


Moving news continued…

In an interesting aside NYK Logistics, another of the

District’s global carriers has re-branded as Yusen Logistics.

Their 125,000 sqft base on the A38 at Foston is now part of

a global “one-stop-stop” approach.

Carter Consumables and Othello Office Accessories are

two other South Derbyshire investments that have caught

the eye. Both are niche businesses with an established

presence in the District and both have taken space at

Tapton Business Park near Woodville. Othello a specialist

computer ink supplier of 20 years standing, which has

experienced strong growth in its other office products -

partially web-driven - has bought Unit 3. Meanwhile Carter

Consumables who supply blue chip companies, such as

JCB and Caterpillar, has acquired a lease on Unit 2 having

rapidly out-grown two previous premises including one of

the District’s starter units at the George Holmes Business

Centre.

Local Economic News

lmpact of the local public sector workforce

downsizing

50

40

30

20

10

0

Sth Derbyshire

NE Derbyshire

High Peak

Erewash

Derbyshire Dales

Derby City

Chesterfield

Bolsover

Amber Valley

1-10

11-49

50-199

200+

Growth and expansion in another web-based business has

provided a particularly exciting investment at Stenson

Marina. Price Engines Ltd, a specialist internet comparison

and quoting site for kitchens, bathrooms and home

improvements, has taken a lease for 2,750 sqft of offices

overlooking the Marina.

Green Growers

And following on from the article in Issue 3, all five ecounits

at Rosliston Forestry Centre have been let. Two went

early in the Summer to Green Ape Ltd, an energy

consultancy, and to Kraftiz. The remaining three have been

let to Burton & South Derbyshire College as a training

centre for environmental technologies, construction and

land management. Another green energy business taking

space is Ticknall Solar Solutions who now occupy Unit 18

at the George Holmes Business Centre. The District’s

burgeoning green economy has been considerably

bolstered by two very different projects. Toyota are

investing £10 million in a 10 Hectare, 16,800 panel “solar

farm” generating 4.1 MW per hour of green energy, whilst

the John Bowler Group has also expanded its energy

company operation based at “Betty’s Farm” in Hilton to

include 426 PV panels generating 110,000 KWH. The

business, known as Bowler Energy, also sells installations

and provides training principally to other rural businesses.

Jobs Fair

The strong growth in the local economy was reflected in the

District’s Jobs Fair. Held in July in conjunction with Derby

College and Jobcentre plus, the Fair attracted

representatives from 36 companies, showcasing over 400

new positions, including opportunities at The Pipeworks

retail and leisure development from incoming companies

including Iceland, Argos and Peacocks. Other exhibitors

included Nestlé, ATL and the Keystone Group. Over 500

people attended on the day.

Public Sector Administrative Workplaces in Derbyshire by Number and

Size of Workforce (2008/09 data, excluding schools and clinics); Source:

Future Skills Requirements for Derby & Derbyshire 2009-2023 (Working

Ventures UK & Derby City Partnership)

The Invest South Derbyshire Project produces periodic

research to aid understanding of the local economy. This

latest study considers the impact of public sector

retrenchment. The table above indicates that South

Derbyshire is relatively better placed to “weather”

redundancies, having no major institutions such as

hospitals. It has experienced lower public sector job growth

than many parts of the County over the last 15 years and

will therefore be afforded a level of insulation not present in

other areas. As with all economic studies what is counted

is important. Notably, net out-commuting contributes

significantly as a source of employment and prosperity for

the District’s residents. Evidence is strong to suggest that

neither the economies of East Staffordshire nor North West

Leicestershire are overly public sector dependent.

Modelling in the study suggests that South Derbyshire as

an area could lose between 150 and 250 posts in the

period to 2014, though current trend data is below this. In

recent months there have typically been 400 to 500 unfilled

vacancies in the area, indicating that the prospects for

absorption and local economic stability and growth remain

strong.

New EA Support for Business Start-ups

As of 1 August 2011 Derbyshire’s New Enterprise

Allowance scheme went live, aiming to increase new

business starts. The programme assists people who have

been out of work for six months or more to become

entrepreneurs. In Derbyshire the New Enterprise

Allowance is being delivered by a partnership between

Business in the Community, Derbyshire & Nottinghamshire

Chamber of Commerce and the Erewash Partnership.

Together these agencies will provide mentoring and

enterprise clubs to help people starting in business.

Beneficiaries can receive up to £1,274 in the first 6 months

as their business starts up. Additionally they are able to

borrow up to £1,000.

Economic Development, South Derbyshire District Council, 01283 595755

economic.development@south-derbys.gov.uk

www.south-derbys.gov.uk/business

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