Building work on Watershed Packaging’s new manufacturing facility at Thornes Farm is under way as the company expands its offer of bespoke packaging for a range of products.
The new premises will create up to 40 new jobs at a 25,000 sq ft unit on the 2.5 hectare site, which also allows for possible expansion of the premises by a further 25,000 sq ft in the future.
Watershed will be the first company to take advantage of incentives on offer to businesses locating in the new Aire Valley Leeds Enterprise Zone. The Zone, which went live at the beginning of April 2012, covers 142 hectares of prime development land strategically positioned along the route of the East Leeds Link Road. It is located just minutes from Leeds city centre and the national motorway network.
With its unrivalled location and potential business benefits, the remaining Enterprise Zone sites offer excellent long term potential to attract major inward investment to the city.
Its two large privately owned sites, Logic Leeds and Temple Green, are both scheduled to start on infrastructure development early this year. A range of high tech and modern manufacturing users are being targeted for them and they and have been identified as being particularly suitable for the medical sector.
John Waters, Chief Executive of Watershed, said:
“Our expansion within the Aire Valley marks a really exciting time for Watershed and by taking advantage of the Enterprise Zone benefits on offer we hope that the company will continue to grow.
“This larger manufacturing facility will enable us to expand our client portfolio, which in turn will lead to the creation of more jobs. We envisage that the expansion alone will create a further 40 jobs.”
Read more on this story: www.newsfeed.leedsvirtualnewsroom.co.uk/2012/12/watershed-wraps-up-christmas-start-on.html.
Find out more about Aire Valley Leeds Enterprise Zone: www.airevalleyleeds.com/ez/.