Organisations team up for £2.7m investment in Northumberland business park project
Three North East organisations have teamed up to offer a £2.7m investment in a new business park centre.
Advance Northumberland, Northumberland County Council and the North East Local Enterprise Partnership (NELEP) have agreed to support a multi-million pound investment in Ashwood Business Park.
The funding will be used by Advance Northumberland to undertake infrastructure improvements to encourage further inward investment and growth projects at the business park, which is in Ashington.
The infrastructure work will ensure that the site is prepared for use by advanced manufacturing, process and engineering companies who might want to move to the business park.
Last year, a new masterplan for the site was revealed by Advance Northumberland, centred around making the site a hub for further industrial growth in the region.
Richard Wearmouth, chair of Advance Northumberland, commented: “The agreement to support investment into new infrastructure at Ashwood Business Park is a major step forward in creating a place where organisations can grow and thrive, and take advantage of a highly skilled workforce, superb location and excellent transport links in the heart of Northumberland.
“We’re delighted that Advance Northumberland, Northumberland County Council and the NELEP have come together to help turn the vision for Ashwood Business Park into reality and to develop a major asset for both Northumberland and the wider North East.”
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