North Lanarkshire has everything businesses need to thrive and develop and is opening its doors to investment from the rest of the UK and beyond with a new website to drive growth.
Over the last year and despite the pandemic, inward investment has continued to strengthen with multi-million-pound developments in place or underway, cementing the region as the place for business.
- A £10million state of the art sales and service centre for fleet solution provider Scania GB on a 7.8 acre plot at Eurocentral which opened its doors in November 2021
- A pre-let agreed for a £12million, 47,565 sq ft distribution facility for Co-Op at Newhouse as part of a joint project with Tulchan Developments and Fusion Assets.
- The establishment of EnteroBiotix, a biopharmaceutical company developing microbial therapeutics at a 20,000sq ft site at Strathclyde Business Park in October 2021.
- A new centre of excellence for manufacturing innovation and robotics at Smart Hub Lanarkshire to support SMEs opened its doors in October 2021 based at New College Lanarkshire.
- German-based life science company Satorious set up an 8.500 sq ft base at Maxim over a 15-year-lease.
More than £120million has been invested by external business over the last three years.
Invest in North Lanarkshire has been launched by the council to promote the area for businesses looking to set up or expand operations in Scotland.
The site highlights the area’s location and transport infrastructure, skilled workforce, access to technology and innovation, and support for business.
“North Lanarkshire is the ideal location for any business,” said Council Leader Jim Logue. “We have 8,355 businesses with a turnover of £15.9 billion already here and they will testify to the benefits of this area.
“There’s been a 24% increase in the number of businesses in North Lanarkshire in the last ten years, and recently we’ve welcomed some of the biggest household names including Lidl, Morrisons DPD and BrewDog.
“We have a highly skilled workforce and half the population of Scotland, a significant customer base, is on North Lanarkshire’s doorstep.
“With private and public sector partners the council is investing in key projects such as the regeneration of the Ravenscraig site, the largest brownfield site in Europe, a transport interchange at Motherwell station, the continued expansion of Eurocentral, and a key road link between the M74 in the south and the M8 at Cumbernauld.
“The council and Business Gateway Lanarkshire also offer strong support to the business community with funding, training, help to find accommodation, and skills development.
“So our message is clear – North Lanarkshire is the place to invest for a positive, prosperous future.”
North Lanarkshire is located at the heart of Scotland, with easy access to the three main motorways, rail and air links, and has 48% of all marketable land in the Glasgow City Region.
The council’s ambitious The Place, The Vision strategy will also see towns and communities benefit from investment of £1.243 billion over the next five years to transform them into vibrant, thriving, sustainable places to live, work, learn, invest and visit.