The multi-million pound regeneration project into the south side of Montrose has taken another huge step forward as an international company has announced it plans to expand its business operations in the area.
Lifting equipment and steel wire rope supplier Certex UK is the latest company to invest in the area and is to add to its presence by moving into a new 36,000 square foot production and warehousing facility.
Kevin Smith, managing director of Certex, said: “The offshore industry is a complex and ever-changing environment and we are making this key investment as a result of asking our customers what they want from us.
“We believe Montrose is the ideal location to expand our services and we are delighted to be part of the regeneration of the South Montrose area. Growth prospects for our business are very good and our investment will see us create up to 35 new jobs in Montrose over the next two years.”
Angus Council is working with the private sector to drive the South Montrose regeneration project which it says will benefit the local and wider Angus economy.
The local authority’s development and enterprise convener Mairi Evans said: “I am delighted that Certex UK is expanding its operations in Montrose. This is the latest vote of confidence from the private sector in South Montrose and reflects the work that has been undertaken by the council and its partners to regenerate this area.
“Our vision was to attract investment, create new commercial opportunities and jobs to support and sustain the Montrose and wider Angus economy, and this is already coming to fruition.”
The news from Certex follows the announcement of a £25 million investment by pharmaceutical giants GlaxoSmithKline in November at their Cobden Sreet site, which has created 25 new jobs.
Montrose Port Authority has also invested heavily and is presently undertaking a 170 metres redevelopment of part of the north quay in a £6 milluon project to boost facilities at the port and help to attract further traffic.
The council, with support from Scottish Enterprise, is leading on the development of a £3.4 milluon access road to improve transport links in the area, which was given the green light in March.