Almost 2,000 jobs will be created at a new Advanced Manufacturing Park being developed by North Lincolnshire Council using the Government’s Towns Fund cash.
The council has completed the acquisition of a 65-acre site at the edge of Scunthorpe. The project – set to create more than 4m sq ft of advanced manufacturing space – will now be taken through planning. The required infrastructure will also be built to link onto the motorway network.
Cllr Rob Waltham, leader of North Lincolnshire Council, said: “This is a massively exciting project which will have profound effects on the area for generations. It will create hundreds of well-paid, high-skilled jobs in advanced sectors and will be a globally significant hub for research, development and innovation.
“We are already leaders in advanced steel making and this development will create the right environment for more world-leading businesses to join the North Lincolnshire stable, creating and developing innovative, leading-edge products.
“With the fantastic motorway links and clear ties to the ports complex, access to national and international markets will be immediately available – helped of course further through the Government’s flagship freeports project which will help make these companies even more competitive.”
The scheme is one of several being developed under the Towns Fund programme, which is overseen by the Scunthorpe Towns Fund Board and is linked to the two projects paid for using the Future High Street Fund.
The cash is part of the Government’s levelling up agenda. It is additional to the Community Renewal Fund and Community Ownership Fund which were announced by the Chancellor at Budget on 27 October.
So far, some £35m has been committed by Government for Scunthorpe through the Town Deal and Future High Streets Fund, plus £12m for the Burringham Bypass connectivity improvements on the M181 (A1077), £14m for flood defence work on the River Trent and £35m for the new pumping station at Keadby.
