Logic development almost fully let just 12 months after completion
3D printing specialist Addisol is the latest arrival at Rochdale Council’s Logic development at Kingsway Business Park – meaning the site is almost fully let just 12 months after completion.
The company has signed a five-year lease for a 4,677 sq ft industrial unit as it ramps up production of personal protective equipment (PPE) for the NHS and other customers.
It will initially employ six people on the site and has ambitions to increase staffing to 24 in the next two years.
Logic is a new development of 11 industrial units at Kingsway Business Park in Rochdale, adjacent to junction 21 of the M62 motorway. It is managed by Rochdale Development Agency (RDA), on behalf of the council.
RDA chairman, Paul Ormerod, said: “It’s very encouraging that a high-tech business with an ambitious plan to grow has chosen Rochdale as its home. With brand new units and a superb location, Logic at Kingsway is exactly the right place for new and expanding businesses like Addisol.”
Cllr John Blundell, an RDA board member and Rochdale Council cabinet member for regeneration, said: “This is another scoop for Logic, which is fully justifying the council’s investment in the scheme and the work of the RDA to deliver it.”
Addisol will spend the next six months focusing on the production of PPE to help in the fight against COVID-19. It supplies CE-approved protective face shields for the NHS through a distribution deal with a number of NHS suppliers across the UK.
The expert team behind Addisol had previously helped set up a national network of 3D printing specialists that currently supplies the NHS with 4,500 protective masks a day.
Addisol director, Mason Rowbottom, said: “We’re delighted to open our central 3D hub at Logic which will allow us to continue supplying much-needed PPE to the NHS and other organisations as frontline staff battle the coronavirus epidemic.
“Kingsway is a great location for us, superbly connected to Greater Manchester and the North of England.”
Of the 11 units at Logic, six are now occupied and three are under offer. The two remaining units, which range from 6,185 to 12,663 sq ft, are fully available.
Other tenants at Logic include KP Industries, which designs and manufactures automated handling and conveying systems, and Commercial Blinds and Glazing, which is one of the UK’s leading manufacturers and suppliers of high-quality blinds and glazing solutions for business.
Logic’s retained letting agents are JLL, BC Real Estate and Barton Kendal.