Stockport is celebrating another successful year, with over £16.9 million of investment made as a result of companies choosing to establish or grow their businesses in the borough. The investments have resulted in over 1,050 jobs being created locally and a further 360 being safeguarded for the future.
The opportunities that Stockport’s excellent location and skilled workforce offer to companies are well documented however, another key asset being realised is the proactive and entrepreneurial business community Stockport is home to.
Left: Stockport, home to many global brands including the adidas Northern European HQ.
As part of the Investing in Stockport initiative Stockport Council wants to utilise these opportunities to continue developing the borough’s economy and create jobs. Through this work the Council remains committed to supporting local business to encourage them to go from strength to strength.
Companies investing in the borough for the first time have included infrastructure specialists Balfour Beatty and home and personal care products company Jarden Consumer Solutions who moved both to new offices on Cheadle Royal Business Park; and furniture retailer Wilkinson Furniture selecting Lawnhurst Trading Estate for their new headquarters.
Many companies have also committed their long term future to the borough. Payroll and HR specialists ADP relocated to larger premises at Southgate in Heald Green to facilitate their expansion plans; Bredbury Industrial Estate became the new home for UK Point of Sale; and TEL Engineering invested in additional premises in Hazel Grove to accommodate their business growth.
The scale of investments being made over the past 12 months has seen many new business developments flourish.
Left: Phase One of S:Park – the new industrial development adjacent to Junction 27 of the M60, has experienced such success that that the second phase of building is now on site with interest already being received for the new units. In addition, Hazel Grove’s office development, Rhino Court, is almost fully occupied; and the relaunched Stockport Business and Innovation Centre is fast becoming popular for entrepreneurs as it seeks to support and grow young companies.
All of this is a great foundation for the Council’s planned developments such as Stockport Exchange and Bridgefield to build on.
Councillor Patrick McAuley, Executive Member for Economic Development and Regeneration, said
“This is an exciting time for Stockport as we seek to Invest in Stockport’s future to develop a town that will continue to flourish in the future.
“The future of Stockport’s economy is bright, which is why so many companies have chosen to invest in the town over the past year, which should make Stopfordians proud. Once again Stockport has shown itself to offer the prospect of huge opportunities to companies and continues to cement its standing as a hot business location.
“We continue our proactive work with local companies so that the borough can reach its full potential as a prime business location.”
To find out more about Stockport as a business location and the initiatives taking visit www.stockport.gov.uk/business
To find out more about the Council’s commitment to Investing in Stockport and how you can get involved visit: www.stockport.gov.uk/getinvolved
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