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This document sets out the opportunities for investment in Northamptonshire. At the forefront of the UK’s economic recovery, the collaborative and innovative approach of the county’s partners towards business investment, support and funding, infrastructure and skills is testament to Northamptonshire’s business integrity and ambition for growth.
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BUSINESS LED FORBUSINESS GROWTH
London Marylebone
M1
M6
A74(M)
M74
Oxford
Glasgow M8
A1(M)
A14
A1(M)
A1
CambridgeA14 Northamptonshire
A34
Sheffield
Nottingham
Southampton
M4 M4
A1
Felixstowe
London Gateway
Liverpool
Edinburgh
East Midlands Airport
BirminghamInternational Airport
StanstedAirport
Manchester
Hull
Channel Tunnel
M6
Dover
M1 London Luton Airport
St. Pancras International
Northamptonshire
M40 M5
M42 Birmingham
M4
Bristol
M5
A63 M62
M62
FRANCE
BELGIUM
NETHERLANDS
DIRFT
M20
E15
E402
Heathrow Airport
M25
DaventryInternationalRail Freight
Terminal
Newcastle
Cardiff
Exeter
Calais
Folkestone
E44
E402 E17
LondonGatwickAirport
Brussels E40
Rotterdam E25
INVESTMENT PROSPECTUS
London Euston
NORTHAMPTONSHIRELEADING THE UK ECONOMIC RECOVERY
OF THE UK’SPOPULATIONARE WITHIN ATWO-HOUR DRIVE
75%
THE NORTHAIRPORTSCoventry 15 milesBirmingham International 27 milesEast Midlands 40 milesPORTSLiverpool 145 milesRAILBirmingham New Street 70 miles
AIRPORTSLuton 27 milesHeathrow 59 milesStansted 85 milesGatwick 97 milesPORTSLondon Gateway 90 milesFlexistowe 116 milesSouthampton 127 milesRAILLondon Euston 48 milesSt. Pancras International 49 miles
THE SOUTH
At the start of 2013 the economic think tank, Centre for Cities, named Northampton as the place making the best economic recovery in the UK. Since then investment by companies such as Decathlon, Sainsbury’s and technology park developer, MEPC at Silverstone, further accelerate Northamptonshire’s continuing business and investment growth. Furthermore, The University of Northampton is a top 50 university with 96% student employability.
In 2012, Northamptonshire was named ‘Britain’s Most Enterprising Place’ (Department for Business, Innovation and Skills Enterprising Britain competition).
Northamptonshire supports business and business investment. In 2014 the county will begin to implement a new £100m programme of investment and in so doing unlock substantial new opportunities for private sector and institutional investors.
Northamptonshire is already a successful base location for numerous national and internationally known companies such as Barclaycard, Avon Cosmetics, Carlsberg UK, Travis Perkins, Weetabix, Yusen Logistics, Eddie Stobbart, Tesco, Sainsbury’s, Mercedes-Benz, Scott Bader, Tata Steel and Cummins Engine Co.
Central to the UK, Northamptonshire is at the heart of the nation’s transport and business infrastructure, providing unrivalled access to a substantial UK market and quick links to continental Europe.
Le Havre
KEY FEATURES
This document sets out the opportunities for investment in Northamptonshire.At the forefront of the UK’s economic recovery, the collaborative and innovative approach of the county’s partners towards business investment, support and funding, infrastructure and skills is testament to Northamptonshire’s business integrity and ambition for growth.
NETHERLANDS
lovenorthamptonshire.com
find out more: lovenorthamptonshire.com
NORTHAMPTONSHIREUNRIVALLED BUSINESS SUPPORT
The Northamptonshire High Performance Technologies Network is a unique concentration of industries that specialise in the design and manufacture of innovative technologies, engines and products, incorporating low carbon engineering and the application of advanced materials and composites in sectors such as automotive, motorsport, aerospace energy and defence.
This distinctive network of over 800 companies form a comprehensive supply chain that significantly contributes to the economic growth of the county and enhances its prominence within the UK’s world-leading High Performance Technologies industry.
INVESTMENT PROSPECTUS
HIGH PERFORMANCE TECHNOLOGIESINVESTMENT FUND
The programme offers support to eligible High Performance Technology (HPT) businesses in the form of grants of up to £1 million.
Companies operating in the HPT sector that are focussed on innovation and growth and have a project planned that needs additional financial support and will consequently create jobs are likely to benefit from the fund.
HIGHPERFORMANCETECHNOLOGIES
MAJOR GROWTH SECTORS IN NORTHAMPTONSHIRE
SECTOR STRENGTHS
An enviable regional infrastructure has dedicated terminals for both rail – Daventry International Rail Freight Terminal – and air freight including Heathrow, London, Luton, Birmingham and Nottingham East Midlands Airport - the UK’s largest pure air freight terminal. With easy access to the M1 and A14, the county is ideally situated for logistics and supply operations. Northamptonshire is also investing heavily in its telecommunications and broadband infrastructure.
The major ports of Felixstowe, Southampton, Liverpool and London Gateway are all within three hour’s drive and travel to London takes less than one hour by train.
Northamptonshire’s central location make it one of the most accessible areas in the country. It is the UK’s leading logistics and transport hub and is a major growth sector in the county. Northamptonshire Enterprise Partnership (NEP) offers a bespoke portfolio of business support services designed specifically to support the logistics industry and to help it invest and prosper in Northamptonshire.
lovenorthamptonshire.com
LOGISTICS
MAJOR GROWTH SECTORS IN NORTHAMPTONSHIRE
The Food & Drink sector in Northamptonshire is a significant employer with some 46,000 jobs supported by prospering businesses including Weetabix, Carlsberg UK, Whitworths, British Pepper and Spice and Alpro. The sector is worth £1.5 billion to the Northamptonshire economy.
FOOD& DRINK
The county is responsible for 10% of the UK’s total wheat storage, milling and processing capacity. It is also home to more than twice the national average number of food and drink manufacturers many of which produce high end, award-winning, specialist products for international audiences.
Northamptonshire is also home to the annual Carlsberg UK Northamptonshire Food and Drink Awards which serves as a strong platform for celebrating the range of businesses in this sector as well as an integrated Made in Northamptonshire programme of activity.
INVESTMENT PROSPECTUS
SECTOR STRENGTHS
Northamptonshire’s ambitious and entrepreneurial Creative Industries sector is still experiencing growth even in this challenging economic climate. Currently employing 1.8 million people, the sector is forecast to produce GVA growth of 31% and employment growth of 33%. It currently contributes £97 million GVA to the local economy.
CREATIVE& CULTURAL
FINANCIALSERVICES
Northamptonshire’s population growth, location and competitive cost base means that it is in a strong position to attract financial and data management services.
It is also able to draw on a large pool of skilled graduates from The University of Northampton and other major universities all within a one-hour drive including Oxford, Cambridge, Warwick and London.
lovenorthamptonshire.com
1. Silverstone2. Waterside Enterprise Zone3. Prologis RFI DIRFT4. Kettering East5. Rockingham6. Stanton Cross Urban Extension7. Warth Park
Rushden
1
2
34
5
6
7
INVESTMENT SITES IN NORTHAMPTONSHIRE
INVESTMENT SITES
The following pages show some of the investment sites ready for development in Northamptonshire.
- 300 hectare site to provide enhancement of existing F1 and other racing facilities
- Development of new industry and technology park, hotels and other associated facilities
- New development investment by MEPC
- Adjacent to the A43 and midway between north, south M1 and M40 motorways
THE BENEFITS
SILVERSTONE PARK, SOUTH NORTHAMPTONSHIRE
LOCALINVESTORS
Flybrid / 3CTest / Delta Motorsport /Silverstone UTC
- 20 investment sites alongside the River Nene in Northampton
- The ‘Enterprise Zone’ provides a five-year local business tax rebate for companies in or locating to the Enterprise Zone
- Significant other investment by The University of Northampton and a new train station now under construction
- Northampton adjacent to main north/south M1 motorway
THE BENEFITS
Train station now under construction
INVESTMENT SITES
WATERSIDE ENTERPRISE ZONE, NORTHAMPTON
LOCALINVESTORS
Cosworth / Mahle / Church’s / Carlsberg UK
Northampton WatersideEnterprise ZoneAlive with opportunity, innovation & technology
- Prologis RFI DIRFT II home to UK significant logistics functions for Tesco, Sainsbury’s, DHL, Eddie Stobbart and others
- Prologis RFI DIRFT III being planned and will provide additional 162 hectares of development
- Adjacent to M1 motorway and UK rail West Coast Mainline – providing intermodal delivery for companies
- Further expansion of railfreight terminal planned for 2015/16
THE BENEFITS
PROLOGIS RFI DIRFT, M1 JUNCTION 18
LOCALINVESTORS
DHL / Tesco / Sainsbury’s / WH Malcolm
- A total of 50 hectares of employment land north and south of the main east west A14/M6 from Port of Felixtowe to rest of UK
- Served by junction 10 and the future junction 10a, part of/adjacent to the east Kettering urban extension
- Predominantly office and industrial with some distribution
- Access already to green energy sources on adjacent land with plans for further significant renewable energy investment by First Renewables in the near future
THE BENEFITS
INVESTMENT SITES
KETTERING EAST, KETTERING
LOCALINVESTORS
Weetabix / Knights of Old / Morrisons / Alpro
- 84 hectares of development land surrounding the Rockingham Motor Speedway at Corby
- A focus on manufacturing and High Performance Technology companies
- The Electric Corby initiative supports renewable energy development and investment
THE BENEFITS
ROCKINGHAM PARK, CORBY
LOCALINVESTORS
Tata Steel / Roquette / Wincanton / RS Components
INVESTMENT SITES
STANTON CROSS URBAN EXTENSION, WELLINGBOROUGH
LOCALINVESTORS
Scott Bader / RML / Whitworths / Cummins /Lotus Lightweight Structures
THE BENEFITS
- 110 hectares employment - mix of industrial, office, distribution and retail
- 285,781 m2 of employment space and 3,200 new homes
- 70% B8 (Warehousing/Distribution)
- 9,441 jobs over 15 years
- Closest of the Northamptonshire towns to London, 50 minutes average time to St Pancras
- Adjacent to A45, linking M1 and A1M main UK north south routes
- Adjacent to A14, Trans-European trunk road, linking the M1 to the Eastern Ports
LOND
ON R
OAD
WAR
TH PA
RK W
AY
MARSHALLS DRIVE
YORK WAY
A45
A45
A45
B663
B663
B663
- 32 hectare site focused on logistics and distribution development, adjacent to A45 and with easy access to main east west A14/M6
- Opportunity for hotel and other leisure use and light industrial unit development
THE BENEFITS
STANTON CROSS URBAN EXTENSION, WELLINGBOROUGH
WARTH PARK, EAST NORTHAMPTONSHIRE
LOCALINVESTORS
Indesit / GEM Logistics / Robert Wiseman Dairies /Avery Dennison / GeoPost / Airwair
For further information, please contact:
DAVID BURROWSInward Investment Managerdavid.burrows@northamptonshireep.co.uk
TIM BAGSHAWHead of Investmenttim.bagshaw@northamptonshireep.co.uk
Northamptonshire Enterprise PartnershipEnterprise House, 30 Billing Road, Northampton, NN1 5DQT: 01604 609 393 www.northamptonshireep.co.uk
Funded by:
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