LOGIN REGISTER SAVED PROPERTIES HOME ABOUT PROPERTY SEARCH REGENERATION AGENTS INVESTMENTS NEWS LINKS CONTACT 14 Jul BLACK COUNTRY FIRM INVESTS £1M 11 Jul NEW RETAIL PORTFOLIO MANAGER APPOINTED 2 Jul MAJOR CARDBOARD STOCKIST OPENS 23 Jun LCP DIRECTOR TO RETIRE View archive » BLACK COUNTRY FIRM INVESTS £1M Up to 30 new people are to be taken on at a Black Country plastic coatings company after it won several new contracts. Applied Coatings Technologies Ltd is opening a second site at Unit 4, Park Lane Estate, Oldbury, after agreeing a 10-year lease on the 15,952 sq ft unit. The company is planning to move its manual spraying business to the new unit while expanding its robotic spraying sector at its existing premises in Tipton Road, Oldbury. Christine Hancock, commercial director, said it already employs 85 members of staff but will be looking to take on a further 25 to 30 operators, technicians and managers in the next 12 months. The company has invested £350,000 on Unit 4 and was spending a further £700,000 on its Tipton Road premises to install a third robotic spraying line to support new contracts in the automotive industry. “As a result of growth in the automotive side of our work, we are in a position to open second premises to undertake the manual spraying operation of the business,” she said. “Unit 4 is ideal and we are hoping to start production there next month.” The lease agreement with Applied Coatings Technology is another success for LCP. It is the fourth estate in its portfolio to become fully occupied in just a couple of months. Dunstall Hill, Wolverhampton; The Stourbridge Estate; and The Grain Estate, Liverpool, are all now filled with tenants as businesses become more confident about the future. This is in addition to a number of other LCP estates that are already fully occupied. Paula James, sales negotiator, said: “We are certainly seeing increased interest in many of our industrial and business parks and we are very pleased to welcome another thriving local company that is promising to help the Black Country economy by staying in the area as it grows.” DEALS DONE Estate Type Company Sq. ft. Sq. m. Tenancy Date Zone 3 Burntwood Business Park, Burntwood Industrial Lariot Equestrian Supplies 6,775 629 July 2014 Long March Estate, Industrial Building Envelope Solutions Ltd 19,800 1,839 July 2014 Zone 4 Burntwood Business Park, Burntwood Industrial Briggs Equipment UK Ltd 44,917 4,173 July 2014 The Springfield Estate, Oldbury Industrial CPC Training Consultants and Bournville College 5,518 513 July 2014 The Hill Top Estate, West Bromwich Industrial Serene Furnishings Ltd 35,300 3,279 July 2014 Innovation Centre, The Pensnett Estate, Kingswinford Offices Groundworks & Utility Services Ltd 1,493 139 July 2014 Home About Property Search Regeneration Agents Investments News Links Contact Terms & Conditions Site Map Policies Misrepresentation Act London & Cambridge Properties Limited LCP House The Pensnett Estate Kingswinford DY6 7NA Tel: 01384 400123 Fax: 01384 400862 20th Floor Millbank Tower Millbank London SW1P 4QP Tel: 020 7233 5255 Fax: 020 7233 5266 Email: propertyenquiry@lcpproperties.co.uk © 2014 LCP Management Ltd is Authorised and regulated by the Financial Conduct Authority in respect of insurance mediation activities only. LCP Management Ltd (Registration Number 2196600, VAT Number 478 6888 60) London & Cambridge Properties Ltd (Registration Number 2895002, VAT Number 478 688 860) Registered Office in England and Wales LCP House, The Pensnett Estate, Kingswinford, West Midlands. DY6 7NA. Tel 01384 400123.