Key industry rebar supplier loses fight to stop factory closure

Aaron Morby 2 months ago
Share

Developer Peel Waters has cleared the final planning hurdle for its business park proposal at Chatham Docks in Kent.

The final planning clearance by Medway Council after the Secretary of State decided not to call in the scheme means steel producer ArcelorMittal will now have to shut its major rebar facility supplying 30% of UK needs.

The dockside factory sits on land forming part of the 18 acre waterfront industrial estate being readied for regeneration.

The steel giant had claimed that it had no viable alternative sites in southern England – the location closest to greatest level of demand.

ArcelorMittal rebar fabrication facility

Matthew Brooks, managing director of ArcelorMittal Kent Wire, has previously written to the Government warning ArcelorMittal would be left with no alternative but to leave Chatham Docks and, more than likely, cease operations in Britain, given the lack of suitable alternative sites.

The forced closure would lead to the loss of 800 direct jobs.

Peel Waters dockside business park plan

Peel Waters confirmed it would now advance proposals to build 31,000m² of adaptable workspace, eventually tripling the number of jobs on site.

Its Basin3 business park scheme will improve flood resilience along the waterfront, and all the new buildings will utilise green technology and be at the cutting edge of energy efficiency.

James Whittaker, managing director at Peel Waters, said: “Basin3 will provide a fantastic opportunity for employment and growth in Medway and we are really pleased with the decision from both Medway Council’s Planning Committee to approve the application and the government’s decision to not call-in this development.

“This decision means we can now focus on delivering Basin3, working with our partners to build a high-quality, sustainable employment campus that will complement the surrounding business, educational and residential communities.

“By having outline planning permission for this brownfield site, it builds a stronger case to attract in both prospective employers and inward investment.”

Latest news

Staff stunned as engineering consultancy Clarkebond closes

Firm was only bought three months ago by rival Independent Design House Group
2 days ago

Vistry issues third profit warning in three months

Profit expected to fall £50m below forecast due to delayed completions
2 days ago

Miller Homes buys St Modwen Homes for £215m

Scottish house builder snaps up £368m turnover rival
5 days ago

Keltbray fine increased to £18m after failed bid rigging appeal

Contractor loses penalty discount for settling with competition authorities
5 days ago

Luxury house builder goes under with 70 job losses

Octagon Developments in administration after 40 years in business
6 days ago

Top Ten best read stories of 2024

The biggest headlines of an eventful year. Have a good one and here's to a successful 2025
6 days ago

BAM Nuttall fined £800,000 after concrete skip tragedy

Young labourer killed by falling bale arm
1 week ago

Keltbray infrastructure business reveals new name

AUREOS means "new dawn" after private equity acquisition
6 days ago

Stiffer fines for over-running street works from next Summer

Cash raised from lane rentals to be channeled into pothole repairs
6 days ago

£113m Basildon rental homes scheme seals build finance

Work expected to start early next year on Market Square project
6 days ago

Notting Hill Genesis seeks more tier 1 repairs contractors

London housing trust seeks eight firms for new £1.5bn repairs framework
6 days ago

Reclaimed steel oil rig columns worked into London office revamp

Curo will use reclaimed bricks and steel for Fitzrovia office overhaul
7 days ago

CITB delays levy approval consultation

Levy agreement talks pushed back by ongoing review into effectiveness of training body
7 days ago

Ofwat approves £104bn water industry spending plan

Household water bills to rise by 36% to fund quadrupling of investment
1 week ago

Costain/ Siemens JV clinches HS2 power supply job

£300m deal for HV power supply systems over the 225km route
1 week ago

Demolition team assembles on Multiplex London Wall site

Erith to start work next month at Deutsche Bank's former headquarters
1 week ago

Norwich Council acts to revive £300m Anglia Square scheme

Council uses Homes England funding to buy stalled site with planning for 1,100 homes
1 week ago

Go-ahead for 4,500-home Cambridgeshire new town

Waterbeach new town plan stalled three years ago after an Environment Agency objection
1 week ago

Henry Boot to take total control of Stonebridge Homes

Deal worth at least £30m
1 week ago

HS2 costs could hit £66bn

Government looking for next estimate to be lower
1 week ago

Mace to close construction logistics arm

Specialist business being wound down
1 week ago

National Grid to invest £35bn over next five years

Plan set out for record investment in electricity transmission infrastructure
1 week ago

Profits double at Barhale

Civils specialist sees order book top £1bn
1 week ago

Balfour wins 68km HV underground power cable deal

Main works to start next year on Eastern Green Link 2 job
1 week ago

Stunning site wrap unveiled on Sloane Street

Hoarding creates illusion of fully formed façade on £53m Galliford Try job
1 week ago

Heathrow Airport upgrade spend takes off again

Airport operator will spend £2.3bn over the next two years
1 week ago

Government buys back over 36,000 military homes

Public ownership deal to release wave of upgrade and new build work
1 week ago

Story Contracting staff braced for rail job losses

Work coming through slower than expected from Network Rail
1 week ago

Ballymore submits two plans for 3,700 East London homes

Construction could start in 2025 on Thames Road and Knights Road schemes
1 week ago

Blackpool council steps in on failed developer’s £300m scheme

Blackpool Central site clearance to start in the New Year as hunt starts for new developer
1 week ago

Contractor services