Type Not Classified Website i54 Official Website | Founded 2005 | |
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Industry Manufacturing, Offices, Research, Hotels, IT and Technology Headquarters South Staffordshire, England Founders Advantage West Midlands, Staffordshire County Council, Wolverhampton City Council | ||
I54 south staffordshire is
i54 South Staffordshire is a 239-acre (98 hectare) UK technology-based business park strategically located at Junction 2 on the M54 Motorway in the West Midlands, on the boundary of South Staffordshire and Wolverhampton.
Contents
- I54 south staffordshire is
- Jaguar land rover engine manufacturing centre i54 south staffordshire
- The aim
- Project costs and details
- Jaguar Land Rover
- Usage potential
- Construction
- Enterprise zone
- Companies at i54 South Staffordshire
- References
i54 South Staffordshire is a £50 million pound joint venture partnership between Staffordshire County Council, Wolverhampton City Council and South Staffordshire Council and has attracted global business occupants, which have in turn warranted visits from the UK Prime Minister David Cameron and Her Majesty The Queen. It benefits from Enterprise Zone Status and falls within the Black Country Enterprise Zone.
The site entrance is at Junction 2 of the M54 Motorway, just to the west of the Staffordshire and Worcestershire Canal. The site is home to several global high-tech and advanced manufacturing companies including MOOG Aerospace, Eurofins Laboratories, International Security Printers (ISP) and the home of the £500 million pound UK advance engine manufacturing facility of Jaguar Land Rover.
Jaguar land rover engine manufacturing centre i54 south staffordshire
The aim
The aim of this strategically location business site is to deliver major employment opportunities and maximise job creation potential in key industries. It will also play a key role in the diversification and growth of the regional economy. It is also believed that i54 South Staffordshire will achieve high standards of sustainability.
The regeneration project is a joint venture between Wolverhampton City Council, Staffordshire County Council and South Staffordshire Council.
Project costs and details
The cost of the project to the 98 hectare site is estimated to be costing £67 million GBP and was granted crucial planning approvals from two local authorities in September 2006.
In August 2006 contractors to the site started the second major phase of the scheme, a £5 million GBP 12-month programme of infrastructure and reclamation work.
On Tuesday 3 July 2007 key partners for the project toasted the substantial completion of a £10 million GBP programme of remediation and site preparation works on the i54 site. The site preparation work ran over a 16-month period and has been carried out by Blackwell and supervised by Mouchel Parkman engineering consultancy. During this time the following was achieved:
Other statistics include:
Jaguar Land Rover
On 25 April 2011, Jaguar Land Rover expressed an interest in the i54 site as a possible location for a new advanced engine plant. On 19 September 2011 Deputy Prime Minister Nick Clegg announced at the engine factory in Solihull the proposals for Jaguar Land Rover's decision to build their new engine plant in South Staffordshire creating around 1400 additional jobs within the company and more within the supply chain which will be created by a £500 million investment by Jaguar Land Rover and £10m by the Government. The new plant in Wolverhampton will join other Midlands-based plants in Solihull and Castle Bromwich as well as the birthplace of the new Evoque in Halewood, Liverpool.
It is understood that Jaguar Land Rover are taking on the investments to meet the demands of high sales in Asia. The new engine plant will be home to the new family of 4-cylinder petrol and diesel engines for the luxury Land Rover brand, originally brought to help boost technology in Tata Motors vehicle range. JLR chief executive Dr Ralf Speth announced that £1.5 billion is to be invested into the company and the new engine plant each year for the next 5 years on product development and the engine range. JLR engines are currently being supplied by Ford Motors
Usage potential
Construction
Construction started on site in 2011, with MOOG fully operational on site by the start of 2012. The Aerospace company makes flight controls and spent £15 million to move from its current location, to the i54 South Staffordshire development. The company hopes to safeguard 400 jobs with its relocation. Laboratory firm Eurofins also moved into the development and was fully operational by 2012.
Enterprise zone
The i54 South Staffordshire site is the largest of the 19 sites which make up the Black Country Enterprise Zone, which has 5 sites in Wolverhampton and 14 in Darlaston, Walsall. The creation of the zone for the Black Country was announced on 23 March 2011 by Chancellor George Osborne. Enterprise zone status speeds up the process of allowing companies to re-locate to the site and encourages it with tax breaks.