Flint Bishop

Midlands firms benefit from 'science alliance' in NG7

Pictured above: Jonathan Bishop of heb

 

Within weeks of being instructed by the city council to market Nottingham Science Park, heb successfully let an additional 5,100 sq ft of space to Romax Technology, the world leading driveline engineering consultants.

Heb managed the new letting of units 5 and 6 in the park's William Lee building. 

"This is grade A accommodation which is good value for money with our client, Nottingham City Council, offering a flexible lease in order to accommodate Romax's continuing growth," said Jonathan Bishop of heb.

Romax is a global organisation, which has seen significant growth and expansion world-wide, but particularly at the headquarters in Nottingham says the company's financial director, Paul Atkin - where the company was formed around 20 years ago.

"We have taken on two extra units in Nottingham because we are growing quite significantly," he said.

"We are recruiting for additional employees, particularly in the wind energy sector, which is a hugely successful element of our business. We are gaining a lot of new business in this sector and require additional employees to support this worldwide. We recognise there are tremendous opportunities for Romax not only within our core business streams, wind energy and automotive, but in many other new areas, so we have set ourselves ambitious growth plans for the future.

Romax's growth has been witnessed worldwide and the company recently acquired new larger offices in India, opened two new offices in China and launched a new base in Japan. The company has seen considerable growth. There has been nearly a 50% rise in the workforce. In January 2009, Romax employed 106 people worldwide, and in January 2010, the figure had risen to 152.

Businesses are increasingly benefiting from being located at Nottingham Science Park - with several firms expanding their premises to meet continuing growth, said Jonathan.

Rizvan Shafiq, city council estates surveyor with responsibility for the Science Park, says the development attracts all sizes of businesses - and many small firms set up there, achieve success in their business area and begin to grow and develop.

The science, technology and research based companies can support one another - and the site is close to the university and has good access to the East Midlands Airport, factors which can be essential for their businesses, he said.

Rizvan added: "We seek to encourage small, university-based businesses to come on site. We want to encourage development of the scientific and research sector in Nottingham. The Science Park has been here for 20 years and it is a huge success story for the city."

"We have companies which locate onto the site and move on again as their businesses become successful and they have a need for larger premises. This allows smaller firms to move in. Businesses expand their workforces as they continue to be successful and seek to increase their premises requirement within the Science Park."

There are a range of units on the site ranging from 250 sq ft to 15,000 sq ft, said Jonathan who is marketing available space on the site.

"The Science Park has a great offering for the city," he said. "As well as a range of units of varying size. proposals for Phase 2 of the city's tram network also mean that access to and from the city centre will be accommodated by a modern, convenient and clean form of public transport."

One company which has benefited from being at Nottingham Science Park is Future Health Technologies, the first private family cord blood bank in the UK to receive a full accreditation as a human tissue bank. The company started in 2000 with 1000 sq ft and now occupies 10,000 sq ft on the Science Park.

"This is a really good address for us," said Roger Dainty, director of the firm.

"Not only is our business close to the university and the QMC, where I have colleagues I call upon, and where I have a couple of PhD students, but we are close to East Midlands Airport. This is essential for our business - we use the DHL hub for transport of our blood samples."

 

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Article published by Midlands Business News on 24 March, 2010

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