Business soaring at the Humber Enterprise Park

By Humber Enterprise Park | Posted: 26 Jul 2017

The Humber Enterprise Park in Brough is fast evolving into a hub for ambitious businesses to learn and grow together. The 79-acre site was officially opened by the Duke of York in March 2017, and offers tenants a saving on business rates of up to £275,000 over a five-year period thanks to its Enterprise Zone status.  

The park is one of 24 Enterprise Zone’s in the UK, putting it at the centre of the Government’s long term economic plan. With some of the lowest rents on modern office and industrial space in East Yorkshire, the site’s financial incentives allow its tenants to reinvest the money saved back into their businesses.

Thanks in part to these savings, engineering start-up Rexrob has grown from a workforce of three to 19 since joining in 2014. The company has invested in new equipment, and has reached the point it aimed to be at in year six in just two years.

Fellow tenant and manufacturer Cablescan has doubled in size since joining the site in 2013, now employing around 80 people. Aided by the savings it has made since moving, the company has been able to set up its own apprenticeship programme.

Dearing Plastics Limited joined in March 2017, and has been able to create new jobs and invest in production line machinery. Director, Andy Harris, said: “Customers are impressed the minute they step on site. The image of our business has been elevated significantly”.

The park is managed by Citivale, a developer that actively encourages businesses to collaborate. Managing Director James Appleton Metcalfe noted that “The most successful parks we own or work on are the ones where the tenants interact with each other.”

The Humber Enterprise Park’s community is indeed benefitting from collaboration. The site’s largest tenant BAE Systems works closely with several businesses on site. BAE Systems’ Deputy Site Director, Chris Hitchcock, said working in close proximity with its suppliers “Has enabled us to build good relationships and delivered tangible benefits of efficiency.”

If you’d like to join Humber Enterprise Park’s growing community, visit
www.humberenterprisepark.co.uk.
 

Commercial Property News
Share Article

Grimsby News

Young's Seafood Q3 results: Double-digit turnover boost with slight squeeze on margins

Hull & East Riding News

Queen's Award sees praise shower down on East Yorkshire's Kohler Mira

Scunthorpe News

Home town twin project joy for Britcon in Scunthorpe

Your News

Would you want your employees working from home? Read more in our Your News special report