A national manufacturing company has announced major investment plans to expand its operations in Daventry.
Roofing products specialist Hambleside Danelaw is working with Daventry District Council on proposals to build a new 30,000 sq ft facility next to its flagship headquarters in Long March, Daventry, which it leases from the Council.
The proposed development, which will be subject to planning approval, would accommodate a new production line for glass-reinforced plastic (GRP) rooflights as Hambleside Danelaw plans significant long-term investment in response to the recent economic upturn in the construction industry. The company anticipates that additional jobs would also be created locally as part of the expansion plans.
Daventry District Council has agreed to invest £3.178m of capital funding towards building the proposed extension, which would also be leased to the company on a long-term basis. The plans follow the Council’s construction of the company’s purpose-built headquarters in Long March, off South Way, in 2007.
Chris Avery, managing director of Hambleside Danelaw, said: “After a long period of serious recession there has been an improvement in economic indicators in recent months, notably in the key construction sector.
“This provides grounds for optimism about the future and our company’s recent performance reflects a positive outlook.
“Based on these current trading conditions, we are announcing a major new investment in the long term future UK manufacturing capacity in the rooflights and cladding sector by commissioning a new GRP production line, similar to our existing plant at Inverness.
“The new production line will be installed at our Daventry factory, which will be extended to accommodate it with the support of Daventry District Council.
“By locating the rooflight element of GRP production to Daventry, close to our core markets, it will allow us to reduce lead times, improve logistics and further improve customer service.”
DDCs economic, regeneration and employment portfolio holder Cllr Chris Over said: “This is really good news, we are delighted once again to work with Hambleside Danelaw to help deliver their expansion plans, which will enable the company to grow its UK operations and secure jobs and investment for Daventry.
“Working with local businesses to help expand their operations is key element of the District Council’s regeneration and employment strategy and will deliver a further boost to the local economy.”
The planning application will be judged on its own merits at a meeting of DDCs planning committee, at a date yet to be determined.