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OWNERS of a multi-million pound office investment in Cheltenham are hoping their development draws more business to the town.
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Gloucestershire-based manufacturer Advanced Insulation is set to move to a new £1.9m headquarters at Quedgeley West Business Park in Gloucestershire, following its acquisition of a 31,000 sq ft office unit.
Advanced Insulation manufactures fire resistant coatings for use in the oil and gas, subsea and defence sectors.
Advanced Insulation employs 40 people. But the company said it is hoping to create up to 30 new jobs after it has relocated early in 2011.
Work on the new premises will include the fitting out of office space and manufacturing facilities, as well as the installation of a controlled R&D laboratory. GVA Grimley has now been appointed to design and implement the fit-out.
Martin Hoyle, director of building and project management at GVA Grimley, said: “The reconfiguration and refit of the unit at Quedgeley West will ensure that Advanced Insulation has specialist premises that are entirely suited to their specific needs, taking them into the next stage of their development.”
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About Invest in Gloucestershire
Invest in Gloucestershire is developed and provided as a service by the Innovation & Investment Team at Gloucestershire First, the county’s economic partnership.
We understand that businesses and entrepreneurs need fast access to information to optimise their decision-making process, and the team here can help with requests for tailored property and demographic search planning.
By choosing Gloucestershire as an investment destination you can be sure that you will have access to the following services, and we can act as a one-stop-shop with partners to provide:
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