The six West Midlands Local Enterprise Partnerships:

Investment priorities, key sectors and potential for new job creation

Background to the LEPs

For each of the six LEPs:

Key development/employment sites Job creation – inward investors Job creation – existing firms

 

 

Workshop agenda

The six LEPs cover Coventry & Warwickshire, Greater Birmingham & Solihull, the Black Country, the Marches, Stoke & Staffordshire and Worcestershire

They were set up following the publication of the Government’s 2010 white paper ‘local growth: realising every place’s potential’

While each has its own approach they have common goals:

Support for existing businesses and new inward investors Establishment of key development/employment sites Targeted support for priority sectors Creating new job opportunities in their area

 

 

Background to the LEPs

The UK’s largest city centre enterprise zone: 7 clusters of 26 development sites Could create up to 40,000 new jobs in advanced

manufacturing, creative and digital, financial and professional services

5 other economic zones: Longbridge ITEC park Life Sciences Campus Environmental Enterprise District Advanced Manufacturing Hub Food Hub including relocated wholesale markets

M42 Economic Gateway:

Airport runway extension, £125m leisure & entertainment complex at the NEC

JLR, Blythe Valley Park and JLR Could create up to 63,000 jobs

 

 

Greater Birmingham and Solihull LEP:

Key development sites

123 inward investment projects since 2010 creating 7,658 new jobs and safeguarding 6,201

Key investors have included Tata Motors (3,000 jobs at JLR), Amazon (900 jobs at new site in Rugeley), Chinese owned NVC Lighting (230 jobs at Longbridge) and US titanium manufacturer Timet UK (120 jobs)

Other opportunities: Grand Central development in Birmingham City Centre – revamped New Street

Station, John Lewis Anchor store in a new retail, leisure and hotel development – creating up to 12,000 jobs

Life sciences campus in Selly Oak – could create up to 2,400 direct and 5,000 indirect jobs

 

 

Greater Birmingham and Solihull LEP:

inward investment and local opportunities

4 strategic centres offering distinct wide ranging shopping, leisure and office facilities:

Brierley Hill West Bromwich Walsall town centre Wolverhampton town centre

Linked by16 growth corridors offering high quality employment land

Creating 90,000 new jobs in: Advanced manufacturing/Aerospace/transport

technologies Building technologies Business services Environmental technologies Retail, hospitality and leisure Public sector and health

 

 

Black Country LEP:Key development sites

33 inward investment projects since 2010 creating 640 new jobs and safeguarding 871

Key investors have included Goodrich Aerospace (500 jobs in Wolverhampton), power generation manufacturer Alsthom (50 jobs in Wolverhampton), Automotive door and lock manufacturers Huf Hulsbeck and Furst (110 jobs in Tipton) and sports products distributor Decathlon (100 jobs in Wednesbury)

Other opportunities:

£60 million redevelopment of the former Royal Wolverhampton Hospital into a Tesco supermarket – creating up to 500 jobs

A new logistics and warehousing development next to junction 9 of the M6 in Wednesbury – creating up to 500 jobs

 

 

Black Country LEP: inward investment and local

opportunities

Coventry city centre – 10 developments including the new Friargate central business district where up to 15,000 jobs will be created in the next 15 years

A £300m expansion of the MIRA automotive/ engineering research park near Nuneaton creating over 2,000 jobs

The £130 million expansion of Whitley Business Park in Coventry potentially creating up to 2,000 high tech jobs

Birch Coppice Business Park near junction 10 of the M42 which will be home to online retailer Ocado’s new central distribution hub

 

 

Coventry & Warwickshire LEP: key development sites

A £250 million high tech manufacturing and logistics park at Coventry airport could potentially create up to 14,000 jobs

Stoneleigh Park is to be developed into a science and technology park with a national equine centre and renewable energy cluster

 

 

47 inward investment projects since 2010 creating 2,079 new jobs and safeguarding 2,076

Key investors have included:

Tata Group (300 jobs at their new technical centre) Brose of Germany (270 jobs in Coventry) Post NL (150 jobs at the TNT Post Centre in Rugby) Gruma/Mission Foods (100 new jobs at its Mexican food plant in Coventry) Zhejiang Geely (purchase of taxi maker Manganeze Bronze creating 100 new

jobs)

 

 

Coventry & Warwickshire LEP: inward investment

i54 – where JLR is developing a £500 million engine plant which will employ 1,400 people

A 70 acre expansion of Keele University Science and Business Park – already home to 50 biotech, medical technologies and IT firms

Fradley Park near Lichfield is home to a range of key inward investors in sectors such as food and drink and logistics

Stoke-on-Trent city centre is being revitalised in a £275m redevelopment expected to create more than 4,200 jobs – to include a new department store, shops, restaurants, a cinema, a hotel and 750,000 square feet of grade A office space

Stoke & Staffordshire LEP: key development sites

22 inward investment projects since 2010 creating 2,277 new jobs and safeguarding 688

Key investors have included JLR (owned by Indian firm Tata) which as already mentioned is building a new engine plant at i54, US Aerospace firm Moog has also located there creating nearly 350 jobs and in Stoke Irish owned Waterford Wedgwood and Michelin tyres have created nearly 200 jobs

Other opportunities:

After extending its existing plant in 2013 Stoke ceramics manufacturer Steelite is developing a new production facility which will create more than 170 new jobs

 

 

Stoke & Staffordshire LEP: inward investment and local opportunities

The Hereford Enterprise Zone (two greenfield sites at Rotherwas and Ross on Wye) is looking to attract businesses in the defence, security, advanced manufacturing, and environmental technologies sectors and create up to 2,000 jobs

Telford International Railfreight Park will be developed adjacent to junction 5 of the M54 and include a rail terminal hub

The Shropshire Food Enterprise Centre in Shrewsbury provides units for businesses in the area’s thriving food and drink sector

The Marches LEP: key development sites

15 inward investment projects since 2010 creating 1,801 new jobs and safeguarding 790

Key investors have included German owned Muller Dairies (nearly 500 jobs created in Shropshire, Austrian owned NOM Dairy (200 jobs in Telford), Irish owned Anglo Beef Processors (700 jobs in Shropshire) and up to 1,000 jobs could potentially be created by two aerospace firms – Georgian Tblisi Aircraft and Ukranian Marketmats – at the Hereford Enterprise Zone

Other opportunities:

The multi million redevelopment of Shrewsbury’s historic Flax Mill into a community hub with bars, shops and offices will create up to 1,000 jobs

A new waste to energy plant is being developed in Shrewsbury for Veolia Environmental Services – due to open in 2015

 

 

The Marches LEP: inward investment and local opportunities

The Worcester Technology Park – to be situated near junction 6 of the M5 – is an £18 million development for high tech manufacturing and environmental technologies firms which could create up to 3,000 jobs

At Malvern Hills Science Park, home to a range of high tech science based businesses, a further £35,000 sq ft of offices is now available

The development of South Kidderminster Enterprise Park, where up to 4,000 new jobs could be created, has now been approved

Worcestershire LEP: key development sites

7 inward investment projects since 2010 creating 118 new jobs and safeguarding 868

Key investments have included the Carlyle Group’s acquisition of Brintons Carpets, safeguarding nearly 500 jobs in Kidderminster and expansion of French owned Air Liquide in Droitwich (creating 50 jobs) and Goodrich in Malvern (also creating 50 jobs)

Other opportunities:

The IntroOutdoors retail and leisure complex being developed in Evesham is set to create up to 1,000 jobs

The former British Sugar site in Kidderminster is being redeveloped into a retail and leisure development creating up to 400 new jobs

 

 

Worcestershire: inward investment and local

opportunities

Any questions?