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Allied International UK moves into Tees Valley Enterprise Zone
A FIRM specialising in fittings for the petrochemical and oil and gas sectors has expanded into the North-East as it looks to take advantage of the region's industrial strength.
Allied International UK has set up business in Redcar, where it will house pipes, fittings and flanges for the energy market.
The company, part of the global Allied International Group, has moved into a 15,600sq ft building at the Kirkleatham Tees Valley Enterprise Zone, and was helped by commercial property experts Sanderson Weatherall.
It says the move will save about £275,000 in business rates.
Peter Duncan, Allied International UK managing director, said: “The savings offered by the Kirkleatham Enterprise Zone made the case for moving to Redcar very compelling and we are very grateful to Sanderson Weatherall for their support.”
Tim Carter, Sanderson Weatherall associate partner said Allied could have had the choice of a number of sites, but elected to move to Kirkleatham as it fitted its expansion plans.
He said: “This sale illustrates the strength of interest in premises from the offshore renewable and petro-chemical industry in the Tees Valley area.
“It further demonstrates the current strong performance of the industrial sector and a real level of confidence in the Tees Valley.”
The Tees Valley Enterprise Zone initiative is led by local enterprise partnership, Tees Valley Unlimited.
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