NEWS
Olympus Global managing director Keith Rice and BDN director Ryan Doyle on the Aycliffe site .
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Plans for £ 2m warehouse development on Aycliffe Business Park
A
new £ 2m warehouse for Aycliffe Business Park to service local industrial and automative sectors has been unveiled .
Olympus Global , a distributor of highquality engineered components , has submitted plans to develop the new distribution facility along Durham Way North .
The plans – which are being designed , delivered , and project managed by architectural and engineering firm Building Design Northern ( BDN ) – will see brownfield land transformed into a 15,000 sq ft warehouse development with modern office space .
The site will not only facilitate major existing customers including Unipres , Thorn Lighting and Gestamp , but also help to attract new UK clients in the north and Scotland .
It is anticipated that more than £ 7m-worth of parts and engineering components will be shipped from the facility in the first year of operations .
The development is expected to be completed in autumn 2025 and once open , will create up to 15 new jobs .
Ryan Doyle , director at Building Design Northern ( BDN ), said : “ This will be a significant industrial scheme not just for County Durham but also for the UK and North-East region , and being able to design and project manage the development from start to finish on behalf of Olympus Global is fantastic .
“ Our experience working with similar industrial clients enables BDN to advise and guide fast-growing organisations from initial conceptual stages right the way through to final build , fit-out and hand-over .
“ Providing this level of expertise , efficiency and reassurance , especially when clients are based outside of the region , proves critical in driving forward developments on-time , creating a fit-for-purpose scheme that meets specific needs and supports future growth .
“ The Newton Aycliffe development includes multiple bespoke features to align with the business ’ s carbon reduction targets , and these have been considered as part of the early design to align with the wider sustainability requirements set out in the County Durham Plan .
“ BDN will continue to work on technical aspects of the project throughout the application to ensure a streamlined delivery in line with Olympus Global ’ s ambitions .”
Olympus Global is a £ 40m turnover business that supplies engineering fasteners , precision-turned and machined components , castings , aluminium extrusions and forgings to major organisations within the industrial and automotive sectors .
Managing director Keith Rice said : “ This latest development supports the next phase of the company ’ s growth strategy and marks a new chapter in our 50-year history .
“ We have multiple clients already in the North-East , especially within the automotive supply chain , so it seemed the obvious location for us to invest heavily and deliver a
The new Aycliffe development is site set to house a 15,000 sq ft warehouse .
new advanced distribution facility to support our growing portfolio and product demand .
“ The site at Newton Aycliffe is the perfect location and enables us to build from scratch rather than renovate an existing building .
“ It provides immediate access to main transport routes and offers close proximity to the industry ’ s big players and cluster locations .
“ Our clients are fast-paced organisations that require the highest level of turnaround , dispatch and efficiency , so we ’ re delighted to be working with Building Design Northern to get this off the ground and establish our presence in the North-East .”
The North-East facility will become the company ’ s fifth site , currently having its main head office and distribution centre in the Midlands .
It also has facilities in Spain and Hungary , allowing it to distribute engineered components around the world .
The magazine for Aycliffe Business Park | 5