Posted on June 7, 2018Category: Case Studies News Tags: Annual Review 2017-18
This page highlights some of the investment case studies used in this year’s Annual Review. You can find out about other projects we support on our website.
Business grants – Growing the Humber programme
The Growing the Humber programme provides grants to businesses seeking to expand, creating new jobs. 2017/18 examples include:
Eltherington Industries Ltd – Hull
Eltherington is a major supplier to the caravan and portable buildings sector, producing aluminium and plastic cladding and PVCu double glazed windows and doors.
Eltherington Industries have received grants of more than £200k towards a total investment of almost £1.5m in specialist machinery to enable the business to meet increased demand for bespoke products.
Moulded Fibre Products – Scunthorpe
The business is a manufacturer of disposable medical products for use in the healthcare sector and environmentally friendly paper packaging for fresh produce in supermarkets.
The business had developed a biodegradable mushroom tray aimed at replacing the plastic ones commonly used and was awarded a grant of £172k to support investment in machinery to enable them to manufacture at sufficient volume to meet market demand.
Savantini Group (Developments Ltd / NE Services / Savantini Ltd) – Hull
Savantini provides a mail order service for non-drug related medical aids such as compression garments. Having experienced significant growth and identified opportunities to enter new markets the group had outgrown existing premises.
Suitable new premises had been identified and secured to provide much needed room for growth but required renovation to make them fit for purpose. The business received a grant of £55k as a contribution towards the overall cost of £217k to accelerate the project and enable the business to create 5 new jobs.
Scratch Meals Ltd – Grimsby
The business is a manufacturer of convenience foods and supplies to several of the major retailers, including Morrison’s and Sainsbury’s.
A total of £96k was invested by the business in the equipment and assembly line required to produce a new range chilled ready meals aimed at the healthy-eating market. A grant of £28k supported this investment, enabling the project to be brought forward.
The Humber Enterprise Zone is the largest in the country, covering 1,200 hectares. It offers simplified planning and some financial incentives to new occupants. New investments in 2017/18 include:
- Indivior’s £23m pharmaceutical R&D centre on Priory Park, Hull
- The £20m Doubletree by Hilton Hotel in Hull city centre (venue for the LEP AGM)
- Enabling works have begun for Arco’s new distribution centre, also on Priory Park, Hull
- The £23m Hull Venue (also supported through the LEP’s Growth Deal), will open later this year
- Siemens have announced proposals for a train manufacturing and assembly facility at Junction 36, Goole
- Work to bring forward sites around Stallingborough is progressing, supported by the Growth Deal and the South Humber Industrial Investment (SHIIP) programme
The LEP’s £131m Growth Deal programme is supporting capital projects across the region. Examples in 2017/18 include:
HETA is a leading provider of engineering skills across the Humber region, offering specialist training for young people and delivering industry standard courses for upskilling the workforce.
To increase the capacity and breadth of training provision in response to industry need, HETA relocated their Hull centre to a new 4246m2 site, formerly used for manufacturing. Significant work was required to convert the site into a new training centre offering enhanced facilities and this £4.5m project has been supported with £1.3m from the Humber’s Local Growth Fund allocation.
ERGO is a new business space located at Bridgehead Business Park that aims to provide an environment with a range of accommodation for businesses with a shared interest in the low carbon agenda.
A contribution of £1m LGF was instrumental in bringing forward the £4m facility which is a collaboration between East Riding of Yorkshire Council and the University of Hull.
River Hull Defences
A contribution of £1m LGF was used as match contribution alongside ERDF to bolster an application to the Environment Agency for Flood Defence Grant in Aid required to improve the flood defences along the River Hull corridor.
Existing defences were of inconsistent standard and quality and a programme of works has been developed to replace or improve them where necessary to reduce the probability of breach or overtopping.
The 5 year programme of works will provide security and reassurance to a number of businesses along the corridor, the majority of which are SMEs.
Increasing the Visitor Economy
The high quality of life on offer within North Lincolnshire is not often recognised and the area has faced challenges in terms of perception and image which has hindered recruitment, private sector investment and attracting new residents.
Developing the visitor offer in north Lincolnshire is seen as key to addressing these issues, starting with the provision of vital infrastructure, enabling works and services at Normanby Hall Country Park.
This £1.4m project has been supported with £512k LGF and will unlock the development of further visitor attractions as well as the provision of accommodation to facilitate overnight stays and short breaks.
Grimsby Town Centre – Unlocking the Potential
The Grimsby Town Centre Masterplan provides a spatial framework for the town centre and uses the existing street hierarchy to establish a clear structure and rationale for future development.
A phased approach to delivering this strategy has been developed which has already seen significant infrastructure and enabling works being delivered in previous years with LGF support. In 17/18 a new phase was started, focussing on the accelerated development of four priority sites.
The scheme is supported with £3.6m LGF to unlock potential for further development in the town centre.