Sale of development site secures jobs

Plymouth City Council has sold a five acre plot of land at Plymouth International Medical and Technology Park to HellermannTyton, securing existing jobs and the company’s future in Plymouth.

HellermannTyton is one of the leading suppliers of products for fastening, fixing and protecting cables, and has been operating a manufacturing site from their current location at Plymouth’s Medical and Technology Park since 2009. 

Recently Hellermann had identified a need to expand their operation to meet growing demand.  At this point the international company could have chosen to expand their business at one of several sites in the UK or at another of their world-wide locations. Hellermann currently employ around 120 people in Plymouth.

Having selected Plymouth as their preferred location for expansion, Plymouth City Council secured their future in the city by selling them the plot at Plymouth International Medical and Technology Park, next to their existing facility.

Plymouth City Council Leader, Tudor Evans, said “Plymouth City Council Leader, Tudor Evans, said “I am delighted that the sale of this land at the Medical and Technology Park will secure the future of HellermannTyton as an important business in the city.  Safeguarding and creating jobs is the top priority for the city council. This land sale will do both.”

The Council acquired the land at PIMTP from the South West Regional Development Agency in 2011. This land which is adjacent to Hellerman’s current site in Plymouth is now likely to be developed in two phases and create an additional 45 jobs.
Hellerman intend to develop the site with an initial building of up to 4500m2 including office, development, manufacturing and logistics space. They hope to follow this with a second phase on the northern part of the site.