Tuesday, August 16, 2022

Leicester engineering company expands with new warehouse facility

Commercial Property Partners (CPP) has facilitated a new letting on behalf of retained clients on a 42,498 sq ft warehouse facility located on a Leicester business park.

CPP secured the tenancy agreement at Centurion Way, Meridian Business Park with Ridgway Machines, a Leicester-based engineering company which identified a requirement for additional space having secured a number of new contracts.

Ridgway manufacture precision taping and winding machines, with over 95 years engineering experience. Their machines are widely used for manufacturing electrical coils, cable and conductors, and to manufacture Reinforced Thermoplastic Pipe (RTP) for oil and gas pipelines.

The long term lease with Ridgway was agreed swiftly after bringing the building to the market.

Commenting on the move, Stephen Hunt, CEO of Ridgway Machines said: “The business has seen a sudden expansion following new contracts, and further recruitment as a result.

“Meridian Business Park provides the ideal new location for Ridgway Machines, allowing us to expand within our heartland and continue to provide best in class service for our valued customers.”

The unit comprises a modern self-contained warehouse with a steel portal frame construction, benefitting from 6 ground level loading doors and a modern, interconnected two-storey office block.

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 pandemic having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.

Latest news

Related news

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.