Swedish owned company Talurit UK Ltd has become the first tenant at the R-evolution @ Gateway 36 development, after completing a long-term lease of circa 30,000 ft2 manufacturing facility.
Talurit UK Ltd part of the Talurit Group is a privately owned company built-up on a patented solution for mechanical splicing of wire ropes. The group has representation in most industrialised countries worldwide.
In recent years the UK arm has enjoyed substantial growth and this success led to board approval for Neil Cooke, Managing Director of Talurit UK Ltd to deliver an ambitious project to develop the new XONA product lines.
“Very quickly XONA doubled our sales order output. We increased our staffing level accordingly which complimented our current skilled and dedicated workforce, but we outgrew our building resource within six months and this became very problematic. With further product developments actioned we had to act quickly. I approached Enterprising Barnsley and they suggested that we take a unit at R-evolution @ Gateway 36, the new industrial business park.
“Twelve weeks later we took possession of the new unit, increasing our usable space by 65 per cent. Barnsley has been an ideal location for us to grow and this new investment worth over three million euros is the largest since the group’s inception” said Neil Cooke, Managing Director Talurit (UK) Ltd.
Thommy Andersson, the CEO of the Talurit Group said: “It was an easy decision for the board to further increase our investment in Talurit UK. Barnsley has fantastic central transport links and easy access to a wonderful recruitment base, supporting the aim of Talurit UK to double its current workforce within two years. We wish them every success for the future.”
R-evolution @ Gateway 36 is circa 65,000 ft2 high quality mixed use development supported by Barnsley Council’s Property Investment Fund (PIF) next to Junction 36 of the M1.
Rebecca Schofield, partner at the Sheffield office of Knight Frank, which is marketing the R-evolution development said: “R-evolution was constructed to respond to the shortage of quality stock throughout the South Yorkshire region. Talurit was attracted to the development’s great location and quality of the accommodation, which allows them to expand in the area.”
The council established its Property Investment Fund to encourage new speculative commercial developments to accommodate expanding local businesses and inward investing companies.
Councillor Roy Miller Cabinet Spokesperson for Place said: “A key focus of our economic growth strategy is to attract businesses to our three newly-developed industrial units near Junction 36 of the M1. Talurit UK’s decision to take a unit at R- evolution @Gateway 36 is great news and we welcome the new opportunities this will bring to our local jobs market”.
Matt Gladstone Executive Director for Place said: “We are delighted that we have been able to accommodate Talurit UK within this high profile development and look forward to supporting their future growth, which will have a positive impact on the Barnsley economy”.
David Travis, Director of Business Space at Harworth Group, said: "This is a landmark deal for Gateway 36 and Talurit UK's decision to locate here reflects the excellence of its location and the quality of the units we have built. We look forward to welcoming other high-quality tenants in the near future."
Photo: From left to right, Cllr Roy Miller Cabinet Spokesperson for Place, Neil Cooke Managing Director Talurit (UK) Ltd, Tim Hartley Head of Asset Management, Barnsley Council and Matthew Gladstone Executive Director for Place at Barnsley Council.