Tu esday, April 21, 2012 2015 Tuesday, June 21, 19, 2012 Tuesday, August
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Firm’s focus on future finances
Cooking up a treat: Young’s goes gastro
Shortlist of contenders is revealed today see page 2
see page 16
Will Mary approve high street leases?
see page 22
Follow the yellow brick road to a four-page special from page 15
Offices are final piece Roping in investment of potato empire puzzle
for emerging markets
by Dave Laister
TRANSFORMATION COMPLETE: Richard Arundel, managing director of potato processor AKP. Picture: Jon Corken
Business Editor
dave.laister@gsmg.co.uk by Dave Laister
Business Editor early £3-million has been dave.laister@grimsbytelegraph.co.uk invested into making LOBAL marine demanda northern Lincolnshire from shipping and offcentral hub for the needs shore industries led of some of the UK’s has biggest to a Grimsby synthetic potato sellers. rope investing Elshammanufacturer Wold has just become the new headquarters AKP Group, heavily to meetforrequirements supplier supermarket giant for evertostronger products.
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Morrisons and major chip Tyson’s Ships Riggers has manufacturer McCain. machinery bought new specialist A state-of-the-art block,as it in order to expandoffice its range, temperature controlled potato deals with large scale oil and gas storage and grading stage. line, clients facility on an international together with extensions toeye on It is also keeping a close existing handling areas wind have just the town’s burgeoning farm been completed, withhaving the servicing business, 13-year-old firm headed by Richard initially launched 33 years ago Arundel moving the whole fishing supplying into Grimsby’s administration back into the area industry. from York. Established by managing The son Mark of Grimsby centre director Tysontown and his and Freeman Street markets father in 1982, it moved from grocer David Arundel, who also Grimsby Fish Docks’ North Wall used act as a potato merchant to as itto approached 30 years of the area’s fish and chip shops, trading, and is now based on joined forces with Park, Suffolk Omega Business South businessman KerrEstate. in 1999. Humberside Bruce Industrial The former KP that potato storage It was a move saw Tyson’s, facility which has now been now with an established third substantially developed, was generation involved, expanding acquired whentoa include project its rangeinof2007, products began to grow skincables finished bespoke mooring for potatoes on the ferries Isle of Axholme. cross-channel and heavy-duty “We wantedmooring to showsystems we couldfor oil tankers. produce the required quality locally thatofsupermarkets were As part its ongoing expansion buying fromwire Herefordshire, plans, in a new rope press has been bought thatimporting,” can handle he Scotland or even much larger diameter said. “Morrisons backedcables. us with it andMr weTyson went said: to Yorkshire Forward “This new wire (the scrapped regional rope press will be an important development agency) putting part in helping us to cater for together plan. Wefrom thenthe tied the growingademand supply chain upoil and got the international and gas sector, funding.” where products tend to be considerably than those That equatedlarger to £700,000. With used in fishing. Morrisons’ rapid growth in the “Weworld, have continued to expand retail the business has been our range of products over the propelled quickly, and working years in response L toHarrison changing& with Eastoft-based demands from the fishing andfor Co, the infrastructure to allow
SPEAKERS: Sir Roger Carr, left, and Gavin Esler.
Top table is set for CBI dinner Wholesale team changes at Nisa
Sir Roger Carr, president of the CBI and Gavin Esler, best known for his role as a presenter on BBC Newsnight, have been confirmed as the guest speakers at one of the region’s leading business gatherings later this year. The CBI Yorkshire and Humber Annual Dinner takes place at Leeds University on October 10. It will beSweeping one of the first events John RETAIL: changes havewith been made at the Fitzgerald, port director for Grimsby and helm of Scunthorpe independent retail giant Nisa, Immingham, chairman of the region. following the as arrival of Mr chief Esler executive is an award-winning television and radio new broadcaster, Nick Read. novelist and journalist. His book, due to hit the shelves next month, Newlatest senior focuses on lessons appointments have that can be gleaned from leaders in how they come with some keytell stories, and will be the subject of his departures, in speech a move to the area’s business bosses, and their guests. described as “shaping For more information about the dinner, which is the business for frequently growth”. well represented by the South Bank and features a drinks reception within Parkinson Court, It comes just a month home the famous Marks & Spencer archive and into MrtoRead’s tenure, art gallery, e-mail or having taken overkatya.menhennet@cbi.org.uk from visit http://yorkshire-annual-dinner.eventbrite.com Neil Turton, with chief operating officer Amanda Jones having also departed the A FURTHER £4-million business, founded by of investment across the region this last quartergrocery has seen the total funds Grimsby independent entrepreneur Dudley issued by Finance Yorkshire climb to £23-million. Ramsden. The money, available to firms in northern Full story on page seven. Lincolnshire in seedcorn, loan and equity linked investments – ranging from £15,000 to £2-million – is there to help small and medium sized businesses meet their growth and development requirements. The figure amounts to 224 investments in 183 small and medium sized enterprises since August 2010, leading to more than 4,600 jobs created and safeguarded in the region. In the last quarter alone, THERE will be the chance tofund learncompleted from one of the venture capital and loan 30the most high profile investments totalling more than £4.3 million. mistakes at Business Alex McWhirter, chief executive of Finance Week 2015. Yorkshire, said: “We are looking forward to building the helping more companies onGerald these Ratner, figures and man whogrowth once slated achieve in the coming months. his own jewellery, will and early stage companies “We urge established address a South Bankto us to see if Finance to continue to speak audience as the their ambitions into a reality.” Yorkshire canpart helpofturn high profile by the European Union, it has attracted Supported programme.investment from the European Regional £30-million Full preview Fund, to the £15-million from Yorkshire Development week, including Forward’s SingleNorth Programme, and £45-million match Lincolnshire funding fromBusiness the European Investment Bank. Expo, on page four. For information visit www.finance-yorkshire.com
£20m milestone passed further increases has now been put in place. “We have taken two years to get to this,” said Mr Arundel. “We got the grant funding for storage and grading operations in 2009, and built the storage throughout 2010, to be open for that harvest. We have had potatoes in from 2010 and 2011, and the whole project has been finished with the offices just now. “Our desire is to have more quality potato producers local to this site. It would cut down on transport costs. There is still a lot of potential, it will help the environmental footprint and this marine industries, and we’re part of the world has the ability to currently gaining our grow some of the best potatoes certification for new high-dutyin the country, that is what we are mooring products that will open majoring on.” up international markets to us.” A total of 44 people are now
employed, handling 120,000 tonnes of potatoes a year. Of that, 35,000 tonnes are self-grown, with a growing group in this and MONEY FORregion NEW ROPE: around another siteTyson, in Suffolk, Jonathan Craig contributing the balance. Cousen, Mark Tyson and Recently Chris 15 employees Tyson, at were the Omega added, with three graduate Business Park base. Left, trainees also part of the company, an example in Grimsby of specialising in marine growing, logistics how demands are and technical elements, including growing, as size and scale agronomy. does. The remaining Here, Esvagt Fraude investmentishas seen Dock, a fleetnearing of six in Royal Mercedes rigs in to deliver otherbrought work boats involved the potatoes customers, with the in to Westermost Rough offshore wind farm. primary route Morrisons’ packing operations near Harrogate. Keen to’scultivate a prosperous Mark sons, Jonathan and future Lincolnshire Chris,for now head up thepotato firm’s farmers, the 32,000sq storage fishing and offshore ft product facility andrespectively 4,000 sq ft two storey divisions . office development – which drew The company has also recruited inspiration from Genesis Office
Park on Grimsby’s flagship Europarc development, will be officially opened this week by a new single point moorings Agriculture and Horticulture specialist to Board join itschairman team of 13 Development staffGodfrey and is aiming to increase John CBE, himself a its current turnover tofarmer. around North Lincolnshire £5 in added: the next five years. Mrmillion Arundel “We’re Jonathan, whotojoined thethe looking forward opening business 11 years said:facility “The new cold store and ago, grading to the industrialweather estate – move the uncharacteristic allowed ushave to expand because conditions brought us a we needed more space, we have challenging year, but and the opening goneis onjust from there. for everyone’s event rewards “We are still doing a lot of hard work. fishing, and we have now “The new facility will notsupplied only a lot of to the farm enable usropes to meet thewind demand of vessels too. It looks great down our biggest customers, but we’ve the docks now, there has been also successfully improved the a lot of investment gone to it and quality and freshness ofin our a lot of expansion is happening. It potatoes by reducing is certainly a lift for the and area.using transportation, handling ● Continued on page two. the latest cold store technologies.”
Business Week is heading here
CONTENTS:Energy P6 Food Energy 12-13 Chemicals 14 Ports Business Support Training 23 CSolutions areers 2415 Commercial Vehicles17 26Commercial CommercialVehicles Property18 32 Laister’s Word Property 21 CONTENTS: P68Chemicals P8 Ports and Logistics 1020 Business Support 1222 Careers 14/ Diary Business Food 16 Training Diary 20Last Commercial
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