AMBITIOUS plans to create a “Supplier Vilage” on Burnley’s former Michelin site are building.
The Express revealed in October how aerospace manfucaturer Aircelle, Burnley’s biggest private sector employer, had been successful in bidding for a £1.4m. Regional Growth Fund award.
Now Burnley Borough Council wants to help Aircelle attract businesses to the site.
Head of Regeneration Kate Ingram said: “This is an opportunity to act on the council’s long-held ambition to create an advanced engineering hub on the former Michelin site.
“The successful bid for funding was based on Aircelle’s position as a regionally important and growing aerospace business. The aim is to bring some of the key firms in its supply chain into adjacent premises.
“The outcome of the scheme will be a supply chain ‘village’. Mutual support among the firms will enable further investment and growth to happen, alongside greater efficiencies in firms’ operating costs.”
The scheme brings cash to Burnley as grant assistance for small and medium sized enterprises to help them relocate to the site, and aims to lever in more than £7m. further investment, with plans to create up to 150 new jobs.
Coun. Andy Tatchell, Executive member for Regeneration and Economic Development, said: “Keeping and creating jobs in Burnley is our key aim. Bringing in investment for high quality jobs is particularly welcome, and I will be arguing that Burnley Council carries on playing a full part in this scheme. The plans would turn this site into a major centre of high quality manufacturing not just for our borough, but for this half of Lancashire.”