TATA STEEL’S tube-making works in Corby is to receive a £12 million investment after the sale of 99 unused acres on the west side of the works.
A fully-serviced campus-style logistics hub is planned for the site. Tata Steel is already well under way with a £30 million investment programme in the Corby site.
Works manager Gary Blackman said: “The sale of the old West Works land will now fund the regeneration and development of one of our warehouses on the East Works into a world-class complex of offices, stores and engineering workshops, and upgrade one of our tubes finishing lines.”
This new building will be clad with more than 18,000 sq metres of Tata Steel’s own Trisomet insulated wall and roof panels.
The sale has been facilitated by Warmflame Developments, which has worked with Tata Steel UK for the last seven years to progress the sale.
“It is great to see so much hard work finally come to fruition, and it’s especially rewarding to contribute to the steelworks – which is synonymous with Corby – moving into the next phase of its lifecycle,” said Warmflame Developments managing director Paul Hodge.
The redevelopment of the site will boost the local and regional economy, enhance skills levels among the employees of the future and create high-quality jobs. “This investment in Corby is yet another great vote of confidence in both the Corby and Northamptonshire logistics markets,” said Warmflame’s development director Stuart Mair.
Gary Blackman added: “It is a hugely exciting time to be involved in steel at Corby – we aim to be the country’s first net-zero steel factory. Partnerships with companies such as Warmflame Developments and good relationships with the local council really do contribute to the sustainability and growth of a key industry in the town, which will support exciting employment opportunities for generations to come.”
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