Sumitomo Electric Wiring Systems Europe (SEWS-E), which is part of the Sumitomo family of companies, a group founded in Japan in 1615, is the first tenant to sign up for a new business unit at Jade Business Park in Durham.
Durham County Council owned Jade Business Park is now under construction and is a 55 acre employment site on the outskirts of Murton. It is set to provide more than one million sq ft of new employment space and support in excess of 2,500 jobs.
SEWS-E produces and distributes automotive wiring harnesses, fuse boxes, connectors and cables throughout Europe. The company's Jade unit will be part of the first phase of the park, which is due to be completed in the summer of next year. Phase one will provide the equivalent of 155,000 sq ft of new space for distribution, technology, and advanced manufacturing businesses, with the first phase being developed by Highbridge Properties and the site set to be managed by Business Durham.
"It’s fantastic to see such a high profile and successful business take the first lease at Jade Business Park," said Peter McDowell, property and business services director at Business Durham.
"With further speculative units available at Jade Park, this is a very promising and exciting start. Business Durham is thrilled to be able to offer such fantastic employment space to businesses within Durham and further afield."
The project has received almost £14m of funding for highway and infrastructure works from the North East Local Enterprise Partnership (NELEP) and the Highways Agency, with support from the Government’s Local Growth Fund through the NELEP. SEWS-E employs more than 20,000 people in Europe, with its parent group operating in 65 countries.