Careers Service Conference Presentation 12th March 2014
1. The six West
Midlands Local
Enterprise
Partnerships:
Investment priorities,
key sectors and
potential for new job
creation
2. Background to the LEPs
For each of the six LEPs:
Key development/employment sites
Job creation – inward investors
Job creation – existing firms
Workshop agenda
3. The six LEPs cover Coventry & Warwickshire, Greater Birmingham &
Solihull, the Black Country, the Marches, Stoke & Staffordshire and
Worcestershire
They were set up following the publication of the Government’s 2010
white paper ‘local growth: realising every place’s potential’
While each has its own approach they have common goals:
Support for existing businesses and new inward investors
Establishment of key development/employment sites
Targeted support for priority sectors
Creating new job opportunities in their area
Background to the LEPs
4. The UK’s largest city centre enterprise zone:
7 clusters of 26 development sites
Could create up to 40,000 new jobs in advanced
manufacturing, creative and digital, financial and
professional services
5 other economic zones:
Longbridge ITEC park
Life Sciences Campus
Environmental Enterprise District
Advanced Manufacturing Hub
Food Hub including relocated wholesale markets
M42 Economic Gateway:
Airport runway extension, £125m leisure &
entertainment complex at the NEC
JLR, Blythe Valley Park and JLR
Could create up to 63,000 jobs
Greater Birmingham and Solihull LEP:
Key development sites
5. 123 inward investment projects since 2010 creating 7,658 new jobs and
safeguarding 6,201
Key investors have included Tata Motors (3,000 jobs at JLR), Amazon (900 jobs at
new site in Rugeley), Chinese owned NVC Lighting (230 jobs at Longbridge) and US
titanium manufacturer Timet UK (120 jobs)
Other opportunities:
Grand Central development in Birmingham City Centre – revamped New Street
Station, John Lewis Anchor store in a new retail, leisure and hotel development –
creating up to 12,000 jobs
Life sciences campus in Selly Oak – could create up to 2,400 direct and 5,000
indirect jobs
Greater Birmingham and Solihull LEP:
inward investment and local opportunities
6. 4 strategic centres offering distinct wide ranging
shopping, leisure and office facilities:
Brierley Hill
West Bromwich
Walsall town centre
Wolverhampton town centre
Linked by16 growth corridors offering high quality
employment land
Creating 90,000 new jobs in:
Advanced manufacturing/Aerospace/transport
technologies
Building technologies
Business services
Environmental technologies
Retail, hospitality and leisure
Public sector and health
Black Country LEP:
Key development sites
7. 33 inward investment projects since 2010 creating 640 new jobs and safeguarding
871
Key investors have included Goodrich Aerospace (500 jobs in Wolverhampton),
power generation manufacturer Alsthom (50 jobs in Wolverhampton), Automotive
door and lock manufacturers Huf Hulsbeck and Furst (110 jobs in Tipton) and sports
products distributor Decathlon (100 jobs in Wednesbury)
Other opportunities:
£60 million redevelopment of the former Royal Wolverhampton Hospital into a
Tesco supermarket – creating up to 500 jobs
A new logistics and warehousing development next to junction 9 of the M6 in
Wednesbury – creating up to 500 jobs
Black Country LEP: inward
investment and local opportunities
8. Coventry city centre – 10 developments including the new Friargate central
business district where up to 15,000 jobs will be created in the next 15 years
A £300m expansion of the MIRA automotive/ engineering research park near
Nuneaton creating over 2,000 jobs
The £130 million expansion of Whitley Business Park in Coventry potentially
creating up to 2,000 high tech jobs
Birch Coppice Business Park near junction 10 of the M42 which will be home to
online retailer Ocado’s new central distribution hub
Coventry & Warwickshire LEP: key
development sites
A £250 million high tech manufacturing and
logistics park at Coventry airport could
potentially create up to 14,000 jobs
Stoneleigh Park is to be developed into a
science and technology park with a national
equine centre and renewable energy cluster
9. 47 inward investment projects since 2010 creating 2,079 new jobs and
safeguarding 2,076
Key investors have included:
Tata Group (300 jobs at their new technical centre)
Brose of Germany (270 jobs in Coventry)
Post NL (150 jobs at the TNT Post Centre in Rugby)
Gruma/Mission Foods (100 new jobs at its Mexican food plant in Coventry)
Zhejiang Geely (purchase of taxi maker Manganeze Bronze creating 100 new
jobs)
Coventry & Warwickshire LEP:
inward investment
10. i54 – where JLR is developing a £500 million engine plant which will employ 1,400
people
A 70 acre expansion of Keele University Science and Business Park – already
home to 50 biotech, medical technologies and IT firms
Fradley Park near Lichfield is home to a range of key inward investors in sectors
such as food and drink and logistics
Stoke-on-Trent city centre is being revitalised in a £275m redevelopment expected
to create more than 4,200 jobs – to include a new department store, shops,
restaurants, a cinema, a hotel and 750,000 square feet of grade A office space
Stoke & Staffordshire LEP: key
development sites
11. 22 inward investment projects since 2010 creating 2,277 new jobs and
safeguarding 688
Key investors have included JLR (owned by Indian firm Tata) which as already
mentioned is building a new engine plant at i54, US Aerospace firm Moog has also
located there creating nearly 350 jobs and in Stoke Irish owned Waterford
Wedgwood and Michelin tyres have created nearly 200 jobs
Other opportunities:
After extending its existing plant in 2013 Stoke ceramics manufacturer Steelite is
developing a new production facility which will create more than 170 new jobs
Stoke & Staffordshire LEP: inward
investment and local opportunities
12. The Hereford Enterprise Zone (two greenfield sites at Rotherwas and Ross on Wye)
is looking to attract businesses in the defence, security, advanced manufacturing,
and environmental technologies sectors and create up to 2,000 jobs
Telford International Railfreight Park will be developed adjacent to junction 5 of the
M54 and include a rail terminal hub
The Shropshire Food Enterprise Centre in Shrewsbury provides units for
businesses in the area’s thriving food and drink sector
The Marches LEP: key development sites
13. 15 inward investment projects since 2010 creating 1,801 new jobs and
safeguarding 790
Key investors have included German owned Muller Dairies (nearly 500 jobs created
in Shropshire, Austrian owned NOM Dairy (200 jobs in Telford), Irish owned Anglo
Beef Processors (700 jobs in Shropshire) and up to 1,000 jobs could potentially be
created by two aerospace firms – Georgian Tblisi Aircraft and Ukranian Marketmats
– at the Hereford Enterprise Zone
Other opportunities:
The multi million redevelopment of Shrewsbury’s historic Flax Mill into a
community hub with bars, shops and offices will create up to 1,000 jobs
A new waste to energy plant is being developed in Shrewsbury for Veolia
Environmental Services – due to open in 2015
The Marches LEP: inward investment and
local opportunities
14. The Worcester Technology Park – to be situated near junction 6 of the M5 – is an
£18 million development for high tech manufacturing and environmental
technologies firms which could create up to 3,000 jobs
At Malvern Hills Science Park, home to a range of high tech science based
businesses, a further £35,000 sq ft of offices is now available
The development of South Kidderminster Enterprise Park, where up to 4,000 new
jobs could be created, has now been approved
Worcestershire LEP: key
development sites
15. 7 inward investment projects since 2010 creating 118 new jobs and safeguarding
868
Key investments have included the Carlyle Group’s acquisition of Brintons Carpets,
safeguarding nearly 500 jobs in Kidderminster and expansion of French owned Air
Liquide in Droitwich (creating 50 jobs) and Goodrich in Malvern (also creating 50
jobs)
Other opportunities:
The IntroOutdoors retail and leisure complex being developed in Evesham is set
to create up to 1,000 jobs
The former British Sugar site in Kidderminster is being redeveloped into a retail
and leisure development creating up to 400 new jobs
Worcestershire: inward investment
and local opportunities
The Regional Observatory is a provider of data, research and intelligence. We have been around since 2004 – firstly as an operating unit of Advantage West Midlands the former Regional Development Agency and now hosted by Marketing Birmingham.
We have been commissioned by CSWP to look into how the work of the 6 Local Enterprise Partnerships now operating in the West Midlands impacts on the work of the careers service
In this short presentation I will discuss the key aims/objectives of the LEPs and what each of the 6 is up to in terms of developing key employment sites, attracting inward investors and supporting job creation within firms already here – and the sorts of jobs being created. I appreciate that you will be from various parts of the West Midlands so not everything I say will be relevant to you – but hopefully some will.
The 6 LEPs by and large cover familiar territory covered by the old TECs, LSCs etc. – although the GBS LEP does overlap with Staffordshire and Worcestershire.
There is little co-ordination or collaboration – and they all do things a bit differently – but they do have common overall goals – to support existing businesses to grow and attract new inward investors, develop key employment sites
and the key issue for today is that they are looking to create substantial numbers of new jobs.
They all have ambitious targets on this and are looking to create jobs predominantly in the private sector
In the GBS LEP area there are a number of major development sites and some particularly ambitious job targets
There is a focus on the high tech, high skill end of the spectrum (e.g. advanced manufacturing, digital, professional services) but also on sectors that deliver higher volumes of jobs at entry level like food and drink, retail and leisure
The LEP has an ambition to create 100,000 new jobs over the next decade
Again new jobs from inward investment and expansion of existing firms are in a wide range of sectors – from life sciences and advanced manufacturing to distribution/logistics, retail, leisure and hospitality
In the Black Country the vision is to support the growth of retail, hospitality and leisure employment in key town/city centres and high tech manufacturing/engineering in the transport corridors that link them.
Health and other public sector services are also a priority.
There is an ambition to create 90,000 new jobs
The area is successfully attracting in inward investors who are creating substantial numbers of engineering/manufacturing jobs (and the new JLR engine plant at i54 is just over the border in South Staffs)
There are also projects projected to create substantial numbers of retail, warehousing and logistics jobs
In Coventry and Warwickshire there are numerous development sites/projects – a few key ones are highlighted here.
Again while there is an accent on high technology science and engineering the Coventry city centre development will provide a wide range of office base jobs and jobs in warehousing/distribution are being created.
If all developments are completed as planned as many as 30,000 new jobs could be created over the next 15 years
Similarly inward investors are creating jobs in advanced manufacturing at one end of the spectrum and distribution/logistics and food and drink at the other.
Once again in Stoke and Staffordshire opportunities are being created in a broad range of industries – ranging from biotechnology, medical devices, IT and advanced engineering to food and drink, logistics, retail, hospitality and leisure
The area tends to attract investment principally in key manufacturing industries like automotive, aerospace and ceramics – nearly 2,000 jobs have or are soon to be created
Ambitions are perhaps a little more modest in the Marches – but a target of 2,000 new jobs created is still substantial in this less populated, more rural area
In fact nearly 1,500 new jobs have already been created in the area by inward investors since 2010 (mainly in food and drink)
Up to 2,000 could potentially be created as a result of new investment – in high tech manufacturing, retail, hospitality and leisure.
New development in Worcestershire could potentially create up to 7,000 new jobs – with a focus on high tech science and engineering jobs
While inward investment is primarily in manufacturing some key retail and leisure projects are also in the pipeline.
Solihull is really successful at attracting day visitors – but to further grow the visitor economy more higher spending overnight and overseas visitors need to be attracted
Excellent transport access is a key asset for Solihull.
Visitors are primarily from a local market – although it is encouraging that Solihull is attracting people from London and the South East and from emerging markets in Asia/Pacific
The Touchwood Shopping Centre stood out as a particularly strong aspect of Solihull’s offer
Visitors satisfaction is extremely high – one of the reasons for the high % of repeat visitors
It’s not just shopping that is highly rated – visitors like to combine a visit to Touchwood with visits to parks, events/festivals and attractions
Potential to build on what is offered at the moment – perhaps in developing the evening/night time offer
Spend per head is less than in Birmingham or the Black Country – expenditure would rise if more overnight stayers/overseas visitors were attracted