A new factory that will help create 43 new jobs thanks to a helping hand from the D2N2 Local Enterprise Partnership has been officially opened.
Street Crane Ltd was successful in applying for a grant from D2N2’s Unlocking Investment for Growth programme (UI4G), which is supported by the Government’s Regional Growth Fund, last year.
The company secured £150,000 to help pave the way for a new building on its site as part of a £1.5m first phase of a three-part expansion at its Chapel-en-le-Frith headquarters.
It will see the company – which manufactures overhead cranes and crane components and distributes across the world – grow its number of jobs by more than 20 per cent in three years once the whole project, totalling £2.7m, is finished.
The new factory was officially opened by High Peak MP Andrew Bingham yesterday, with Street Crane hosting a special event for customers from across the globe at its headquarters.
To find out more about D2N2’s Unlocking Investment for Growth programme and how it could help grow your business, go to www.d2n2lep.org/UI4G