ERIKS OFFICIALLY OPENS EUROPEAN CENTRE OF EXPERTISE AT PRIME POINT

ERIKS UK & Ireland, Europe’s largest industrial services company, has officially opened the doors to its European Centre of Expertise for power transmission at Prime Point, LCP’s newest speculative development at The Pensnett Estate.

The 30,000 sq ft unit, which will be home to more than 120 employees after the company agreed a 15-year lease for the unit, which was built as part of the first phase of Prime Point.

“The Prime Point facility is one of a number of ERIKS Technology Centres dedicated to innovation and customer service,” says Mike Ferris, chief operating officer for products and solutions at ERIKS UK.

“The move will support our growth ambitions as the leading supplier of industrial products and services in the UK and Ireland.

“ERIKS group have taken the strategic decision to develop Centres of Expertise in key locations to provide customers with best-in-class engineering support. Relocating 120 or more staff will also give us the opportunity to consolidate a number of functions from different offices to improve the co-ordination and flexibility of our technical and engineering support functions.”

Nick Burgess, managing director of LCP, said: “Prime Point is already a great success story for LCP, whose multi-million pound investment  in the site is paying off.

“We were pleased to have attracted a multi-national brand as ERIKS to the development and wish it every success as it grows and develops here in the West Midlands.”

The Black Country Local Enterprise Partnership (BCLEP) has been supporting LCP with the Prime Point development. Prime Point sits within DY5, Dudley’s business and innovation enterprise zone, which qualifies occupiers for benefits, including up to £55,000 a year business rate discount over a five-year period.

LCP’s appointed agents, Bulleys and Lambert Smith Hampton (LSH), are working with the company to attract new businesses to the area and talks are progressing with a number of interested parties.

For details about Prime Point, contact Paula James on 01384 400123 pjames@lcpproperties.co.uk, or agents Matt Tilt, of Lambert Smith Hampton, on 0121 237 2347 or Noel Muscutt, of Bulleys, on 01902 713333.