Tuesday, May 21, 2024

Forgemasters buys 21 acres of Sheffield for redevelopment scheme

Sheffield Forgemasters has bought 21 acres of brownfield land to pave the way for development of additional facilities alongside its Brightside Lane operations.

The company is already building a 13,000 tonne Heavy Forge facility, and has earmarked the largest plot of land, on Weedon Street, for a machining line that will house 17 highly advanced machining centres, which do not exist anywhere else in the UK, and will underpin production for the UK defence programme.

Gareth Barker, COO at Sheffield Forgemasters, said: “The purchase of additional land is a game-changing venture for the company and will see state-of-the-art manufacturing facilities built in the historic centre of Sheffield’s industrial heartland.

“The recapitalisation programme is completely transforming the company’s facilities as our modelling reshapes the site for optimum use.

“The opportunity to purchase land immediately adjacent to our site will enable faster, more cost effective recapitalisation than trying to reconfigure existing facilities, with the added benefit of keeping production in full flow through the existing plant.”

“The main focus of the land acquisition is to enable development of a new machining facility, to house .”

The company also recently completed the purchase of 10,000 sq ft of offices at Riverside Court on Brightside Lane.

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