Velocity Composites relocate headquarters to AMS Technology Park
Date: 04.10.2011
A rapidly expanding high technology company has opted to relocate its research, development and production headquarters to the recently announced AMS Technology Park in Burnley.
Velocity Composites are a specialist engineering and supply chain company serving predominantly the aerospace composites industry and have seen a rapid growth in interest in their services in the North West over the past 3 years.
Operations Director Chris Banks confirmed that strong growth of the business recently resulted in the company investigating options for enhancing and relocating their operation.
“At first we retained consultants to find a suitable building for us, possibly in the Blackburn area. We never considered Burnley and we certainly weren’t thinking of commissioning our own purpose-built facility” said Chris. “It was then that we came across publicity regarding AMS Technology Park and to cut a long story short, the location, surroundings and concept really appealed to us and our business.
Most importantly, it became a “no-brainer” when comparing what we could achieve in a new, purpose-built building compared to the costs and uncertainty of modifying an existing property. AMS Technology Park is well located close to the M65 Motorway and the plans and strategy for the expansion of the site appeal very much to me and my co-directors.”
AMS Technology Park was formed earlier in 2011 as a Joint Venture between Barnfield Construction Ltd and Stuart Nevison. Stuart was originally a co-founder of AMS Neve Limited, with AMS Neve’s managing Director Mark Crabtree.
In the mid 1990’s Stuart began joint ventures with Barnfield Construction Ltd., creating a range of managed business space throughout the area, the most well-known being The Globe Centre in Accrington.
Stuart commented, “Velocity Composites are exactly the sort of young, vibrant company that we believe will thrive in this environment. AMS Neve Limited, who have operated from the heart of the Park for over 30 years, have enjoyed an unparalleled international reputation for their World beating professional audio products targeted at the music, television and film industry.
We welcome Velocity and look forward to their company continuing their meteoric rise from their new home in this unique environment. Although we are talking to others about taking space in the existing AMS Neve building, this new building on the site will be the largest planned so far providing approximately twenty thousand square feet of new space for Velocity.”
Barnfield Construction will be constructing 15 industrial units with space available from 2,400 sq ft and 15,000 sq ft and renovating part of AMS Neve’s existing building into 18 office suites which will create an opportunity for businesses to share the same premises with a world leader in professional audio.
AMS Neve consoles were used to produce 80 per cent of this year’s Oscar winning movies, including Harry Potter and the Deathly Hallows Part 2, The King’s Speech, Black Swan, The Social Network, Alice in Wonderland, Toy Story 3 and Inception, and all of the 2011 BAFTA-winning films .
