Member Article

Pump manufacturer scoops £3m from RGF to complete move

Manchester pump manufacturer NOV Mono has been awarded £3m from the Regional Growth Fund to support its move from its current site, in Audenshaw to a larger base in Chadderton in Oldham.

The firm’s new plant was formerly the home to BAE System’s aircraft manufacturing operation until March 2012.

It was privately owned but Oldham Council worked with the Greater Manchester Combined Authority to assemble a package to encourage investment and ensure it remains a thriving industrial hub.

Jim McMahon, Oldham Council Leader, said: “This is fantastic news for Oldham and for the regional economy.”

“It was vital that a firm of the stature of Mono Pumps was not lost to the local economy and we’ve worked extremely hard behind the scenes with the GMCA to get this deal in place.

“We are serious and proactive about attracting inward investment here. That means a no-nonsense approach and quick decisions.”

The Greengate site currently has 31,500 square metres of floor space.

Mono obtained planning permission from Oldham Council in July to build a new 200-space car park, plus extensions to the main warehouse building, new plant and machinery additions and landscaping works as part of their expansion plans which can now get underway.

Paul Naylon, the former Managing Director of NOV Mono, who is retiring after 26 years service, said: “We’re delighted that we’ve received this grant, and it demonstrates what can be achieved through co-operation.

“Oldham Council told us at the outset that they were keen to work with us and they have certainly been as good as their word. We’d like to thank them and the GMCA for all their efforts as we and our employees look forward to our new future in Oldham with great confidence.”

NOV Mono, which has operations in America, Argentina, Australia and China as well as Audenshaw, makes pumps up to eight metres long for the wastewater, oil and gas, mining, chemical and food and drink sectors

This was posted in Bdaily's Members' News section by Simon Malia .