WORK has started on the second phase of a purpose-built manufacturing and office headquarters in Daventry.
In 2010 a state-of-the-art £4.5million manufacturing base was built and opened in the Royal Oak Industrial Estate in Daventry by Daventry District Council (DDC) and immediately leased to international company Hi-Force Ltd for use as their head office.
Hi-Force, a leading supplier of hydraulic tools who have been based in Daventry for 40 years, now needs more space to expand their production and so a new large unit is being built next to the current one.
Four old units in Morris Road are being demolished to make way for the £2million development, which will be built to high environmental standards and is expected to be completed in March 2013.
The development has been substantially funded by DDC with a contribution from Hi-Force for its own specific fit-out, and is being built by contractor Morgan Sindall plc.
DDCs economic, regeneration and employment portfolio holder Cllr Chris Over said: ““It’s good news that work has started on this project, which will provide Hi-Force with more space to expand their productions, creating more jobs and economic growth in the town.
“The units in the Royal Oak Industrial Estate that are being demolished date back to the 1960s so replacing them with a modern, purpose-built building will further help us to attract businesses and investment to the area, which is a priority for the Council in these difficult times.”
Kevin Brown, group managing director of Hi-Force, said: “When we moved into our new facilities in Prospect Way in October 2010, we never dreamt that just two years later we would have outgrown them.
“Having said that we are obviously delighted with the substantial ongoing growth of our business and the highly proactive approach of DDC to help us in these globally challenging times.
“In the past two years we have increased our employee numbers by 50% and today employ 65 people at our Daventry facilities. The new extended facility will house all of our UK logistical requirements, freeing up much-needed space in our existing facility for increased manufacturing areas. No doubt our employee count will further increase next year also!
“We eagerly await handover of this new extension to our facilities, in March 2013.”