Wirtgen Group is investing closing its Leicester and North Hykeham based and creating a new Newark UK head office incorporating sales, service, workshop and storage facilities.
The firm will move all 120 staff to Newark and look to create a further 20 roles.
Wirtgen’s managing director, Paul Holmes, said: “We are delighted to have found the right premises solution for our UK operation and this investment is a clear long-term commitment by the Wirtgen Group to further develop our business here. The central location of the site, with good transport links, the bespoke design and build service provided by a trusted construction contractor and the financial package met all our requirements.
“Wirtgen has grown rapidly in the past few years, creating many new jobs as we have introduced new products and services to our customers. The UK economy remains robust and we have ambitious plans for further growth to be able to meet the opportunities offered by the diverse section of road and mineral technologies we deal with.
“Our new premises will provide us with a purpose-built building with capacity to expand in a fast-growing market and help us raise our profile with existing and potential new customers.”p>The Joint Ventures team of developer Lindum has worked with Wirtgen, the landowners and key local partners including the local authority as well as the design and construction teams.
Stuart Mitchell, Lindum JV managing director said: “Lindum is delighted to have played an important part in delivering this major investment project for the area which will result in the creation of a Business Park not only home to Wirtgen’s UK operation but also other companies wanting to locate here.
“We recognise the valued help of Newark and Sherwood Council in making this development a reality.”
Andrew Muter, chief executive at Newark and Sherwood District Council added: “We are absolutely delighted to welcome the Wirtgen Group to Newark. This prestigious global brand is the latest sign of confidence in Newark as a great location for business.”
Wirtgen employs 8,000 worldwide.