Wolverhampton’s new i54 business park is set to welcome a world-leading international aerospace supplier as its first tenant.
Birmingham developer Stoford has applied for planning permission to build a new research and development facility for Moog Inc., the US-based precision engineering company, at the site off Wobaston Road in Fordhouses.
Moog, which has been advised by Fusion Building Consultancy, is planning to move its current leased premises at the nearby historic Boulton Paul factory to a purpose-built 250,000 sq ft unit to boost the development and production of aircraft controls.
The company will be the first occupant at the new 220-acre high-tech fully landscaped business park, which has been developed by Advantage West Midlands (AWM) in association with Wolverhampton City Council and South Staffordshire District Council.
Built on 220 acres of remediated land south of junction 2 of the M54 motorway, i54 aims to attract scores of new businesses.
Stoford hopes to start work on site on the new facility in January 2011 in time for a November 2011 completion.
Moog’s Aircraft Group supplies actuation systems to all of the major aircraft manufacturers around the world.
Stuart Mclachlan, Director and General Manager at Moog in Wolverhampton, commented: “This is a key strategic move for Moog, and
when completed this world class facility will allow the business to support and grow our market leading position in actuation systems.”
Mick Laverty, Chief Executive at Advantage West Midlands, said: “The fact that a high-value company like Moog wants to stay in the region is very welcome news indeed. Our aim now is that other companies will follow their lead, recognising the value of moving to the i54 site with its strategic transport links via the M54.”
Dan Gallagher, Stoford Director, added: “The move by a top international engineering company to i54 will provide a tremendous boost to the economic regeneration of the Black Country and hopefully pave the way for other major relocations.”