An engineering company is set to create new jobs after becoming the first business to set up shop at a new £5.5m industrial park in Coalville.
Sella Controls Ltd, which specialises in developing functional safety systems for a range of industries – including the rail industry, is expanding its operations in Coalville at Apollo Court Business Park.
The firm, which works with companies such as Network Rail, Transport for London and Bombardier, has offices in Ashby and Stockport.
Ian Wright, executive chairman of Sella Controls, said that the unit at Apollo Court was in an “ideal location.” He said: “We needed to explore looking for industrial space as our equipment such as PPE and materials was taking up space in our Ashby offices.
“The unit in Coalville was ideal as it is close to our offices, based in the East Midlands and has accessible links to London. It is a blank canvas, fit for us to use however we want.
“It was important for our development to get this unit. Our business is growing, and this expansion means we have two new vacancies available.”
Ian and his colleagues who took over the company in 2007, do not plan to stop expanding the business in Leicestershire or the United Kingdom. He said: “The company has been going for 46 years and my business partners and I have spent 13 years developing the rail side.
“I’m proud we have built a workforce of 110 people and have sustained relationships with big companies. We’ll now be looking to expand our systems in Europe.”
Councillor Byron Rhodes, county council deputy leader, said: “I’m delighted to see the first business move into Apollo Court. Supporting businesses is important; it helps boost our local economy and creates jobs.
“Sella Controls staying within Leicestershire proves how attractive the county is as a place to not only work, but live, invest and socialise. We have been very pleased with the level of occupier interest in the units and hope to make some more announcements soon.”
Leicestershire County Council invested in Apollo Court as part its corporate asset investment fund, which aims to boost the local economy and generate income for frontline services.
The venture is part-funded by a £2.4m grant from the Local Growth Fund, a pot of government funding awarded to the Leicester and Leicestershire Enterprise Partnership Limited (LLEP) for projects that benefit the local area and economy.
Kevin Harris, chair of the LLEP, said: “Our Local Growth Fund was set up to benefit the wider economy of Leicester and Leicestershire. Sella Controls’ move to the Apollo Court Business Park in Coalville is the culmination of a project that will see jobs created and revenue generated in the local area.
“I’m proud that the LLEP was able to support this project, and deliver a top-class site for businesses to move to and thrive now and in the future.”