THE home of a construction giant that is set to axe hundreds of jobs next year has been put up for sale.
Sandvik Construction has put its Hearthcote Road site on the market ahead of cutting 360 jobs from the location by early 2015.
The firm, which makes equipment such as rock-crushers for the construction industry, is consolidating its Swadlincote operation with its Northern Ireland plant in Ballygawley as part of a major reorganisation of its UK operations after being impacted by the recession.
Commercial property consultants Lambert Smith Hampton (LSH) has been appointed to sell the 22.5 acre site – which is the size of a dozen football pitches.
Alex Carr, industrial and logistics director at LSH in Birmingham, and Sean Bremner, industrial and logistics director at LSH in Nottingham, have been appointed by the Swedish engineering giant to market the property, which is expected to interest “major manufacturers”.
Mr Carr said he anticipates a great deal of interest in the facility, which is expected to remain in use throughout 2014 and could bring significant numbers of new jobs and major inward investment to the area.
He said: “It is very rare that a site of this size, which includes a well specified manufacturing complex, comes to market and we are confident it will appeal to major companies who may be ready to invest as the economy continues to improve.”
The firm revealed that the site is made up of two buildings, each featuring 24 cranes as well as a two-storey detached office building and 214 car park spaces.
Speaking to the Mail in February after the closure was announced, managing director Terry Allison said the firm’s two factories, in Swadlincote and Ballygawley, had been running at half capacity.
He said: “This is neither efficient nor sustainable. In order to stay competitive, we propose moving all our production onto the Ballygawley site, which is the right size to meet both the current and anticipated demand for our mobile crushers and screeners.”
The company is in discussions with the Unite union over job cuts.