£4m Land Deal development to create up to 30 jobs at T54

October 9, 2019

Up to 30 jobs will be created by a £4m development at Telford’s premier industrial site, T54 Technology Park thanks to a unique Land Deal developed by Telford & Wrekin Council with Homes England and the Marches LEP.

Torus Measurement Systems Ltd – part of Torus Technology Group – is building an additional 10,000 square foot new industrial unit at Plot 5B next to its existing units at the Naird Lane site.

The main building is currently at full capacity and a second unit is now 75 per cent fully utilized.

In order to further develop the business, Torus anticipates a requirement for further space in both manufacturing and assembly and associated administration – meaning construction of a third building to sit alongside the existing units.

Torus Measurement Systems Ltd are part of the Torus Group and supply precision calibration and measurement services to the aerospace, automotive and defence sectors.

The company also provides automated capital equipment for quality control purposes to the global packaging industries for high volume containers.

The site has been brought forward to the market as part of Telford’s unique Land Deal in partnership with Homes England and the Marches Local Enterprise Partnership. The deal has assisted in undertaking works to prepare the site and accelerate its development.

Dominic Johnston, Managing Director of Torus Group Ltd, said: “Torus have invested in the development of this new facility.

As we enter our 20th anniversary year, expansion is being driven by our ongoing research and development program which has allowed us to introduce quality inspection equipment into new markets globally.

We expect to create up to 30 new jobs over the next five years and will continue to invest in people, technology and equipment. We look forward to showcasing our new site in the near future.

Councillor David Wright, Telford & Wrekin Council’s cabinet member for the Land Deal, said: “We are committed to being a business winning and business supporting council and that includes encourage established Telford companies to maximise expansion opportunities, as well as attracting inward investment.

Torus are a prime example of a Telford business that has continued to build on its success to expand further on their existing site and it is fantastic to see. look forward to seeing the new unit opening for business.”

Lucy Blasdale, Head of Land at Homes England, added: “This is a fantastic example of how working collaboratively through the Land Deal we are helping local businesses grow, which is great for Torus as well as Telford’s wider economy.”

Telford’s unique Land Deal is a collaboration between Telford & Wrekin Council, Homes England and the Marches Local Enterprise Partnership.

It involves investment in infrastructure and services at redundant industrial sites to make them more attractive to inward investors and existing companies in the borough, with the aim of boosting the borough’s economy and creating more jobs.

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The Marches Local Enterprise Partnership has now ceased trading and transferred all its functions to Shropshire Council working with Telford & Wrekin Council and Herefordshire Council, in line with the UK Government's plans for devolution.

The Marches LEP was established in 2011 and hands over an impressive legacy from its 13-year life. In that time the LEP invested over £196m in projects across the Marches, securing in excess of £100m of match funding and supported more than 66,000 business interactions.

The schemes supported have made tangible differences to local communities, increasing skills, creating jobs and improving the physical appearance of many towns.

We would like to thank all the LEP Board Members who have given their time freely over the life of the LEP, as well as all the staff who worked for the LEP over the years. We also want to thank our delivery partners, local education providers and local, regional and national stakeholders who helped us achieve so much.

The Marches Growth Hub will continue to support businesses and will be managed by Shropshire Council, supported by Telford and Wrekin and Herefordshire Councils. Each of the three Local Authorities will also continue to provide direct business support locally. Details of this support will be available through the Marches Growth Hub website and from the Local Authorities directly. Website: www.marchesgrowthhub.co.uk | email: enquiries@marchesgrowthhub.co.uk.

The Marches Careers Hub will continue to be delivered and will be managed by Shropshire Council, supported by Telford & Wrekin and Herefordshire Councils. Website: www.marchescareershub.co.uk | email: info@marchescareershub.co.uk

For any queries about Getting Building Fund (GBF), Local Growth Fund (LGF) and Marches Investment Fund (MIF) projects supported by the Marches LEP please contact: gary.spence@shropshire.gov.uk

For any finance queries please contact: michelle.hodgkiss@shropshire.gov.uk

The solvent liquidation of the Marches LEP is being managed by the Evelyn Partners Limited. For any matter related to this please contact: Camilla.Mulholland@evelyn.com

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