COUNCIL bosses have hailed the completion of a deal to erect Wigan’s biggest building which will create 100 jobs.
Earlier this year, Hindley Green-based firm Nice-Pak unveiled plans to move to a huge new facility at Westwood Park and in so doing potentially double its workforce.
That an international company of the stature of Nice-Pak is investing so much in Wigan and its workforce is a huge statement of confidence in the boroughCoun David Molyneux
The rubber stamp to the £28m deal has now been secured between parties with building on the new 399,500ft sq facility set to begin.
Welcoming the news Coun David Molyneux, deputy leader of Wigan Council, said: “It is fantastic news that Nice-Pak has formerly completed land acquisition and secured funding for this major development.
“That an international company of the stature of Nice-Pak is investing so much in Wigan and its workforce is a huge statement of confidence in the borough.
“At Wigan Council we are forward-thinking and business-friendly. Our new investment campaign ‘Wigan Works’ demonstrates our commitment to bring further investment and jobs into the borough to boost the local economy and improve living standards for all.”
The US-owned company, which has its UK headquarters in Flintshire, North Wales, is hoping to move into its new premises next year.
The building will house an internal floor area of which approximately 37.5 per cent will be used for production. It will incorporate modern design features with cross-docking and an eaves height of around 11m.
The new building will become Nice-Pak’s primary headquarters serving its UK, European, Australian and New Zealand operations.
Work is expected to begin this month with practical completion of the construction targeted for spring next year.
Company bosses, who were looking for a potential move out of the borough, will almost certainly have been influenced by the new transport links connecting the Westwood development site when deciding to stay in Wigan.
Construction work on a £21m link road from the A49 through the site is now under way. Nice-Pak’s 150 staff will relocate from Hindley Green and it’s hoped that as many as 100 new positions could be created.
The building will be forward-funded and developed by London-based real estate firm Tritax Big Box REIT .
Colin Godfrey, partner of Tritax, said: “This investment in Nice-Pak’s new HQ and distribution and production facility in Wigan adds further diversification to our portfolio tenant mix. The investment also increases the weighted average unexpired lease term and is accretive to our running yield.”