AN ELECTRICAL components manufacturer with a £28million annual turnover is to locate its new UK and Ireland headquarters in Houlton.
Germany-based WAGO will relocate from Triton Park in Rugby – where it has been based since 1980 – to a new all-purpose, 4.5 acre site in the town’s new neighbourhood.
The new WAGO UK headquarters – part office, part warehouse and part production area – will be the new home for the company’s current 100-strong UK staff team.
Cara Watts, WAGO’s Commercial Manager, said: “As WAGO expands its business operations, we identified the need to secure a new UK headquarters that fell in line with our business growth plan for the next five years.
“With Rugby home to our UK office since 1980, we were keen to retain our local links and Houlton provides both the opportunity to do that and meet our requirements for a larger, multi-purpose site that will serve as our UK headquarters. Our new headquarters will also be built to BREEAM ‘excellent’ standard.
“Houlton is an ideal location, and we firmly believe it will help lay the foundations for the implementation of a strategic growth plan that will enable WAGO to deliver on our expansive business ambitions.”
The Houlton development is a joint venture between developers Urban&Civic and Aviva Investors and sits on the former Rugby Radio Station site on the eastern edge of Rugby.
Once complete, it will feature 6,200 new homes, three primary schools, a secondary school, a nursery, a GP health centre and shops.
Mike van den Berg, Project Director at Urban&Civic said: “We welcome the decision by WAGO to locate their new prestigious UK head office to Houlton.
“WAGO approached Urban&Civic after identifying Houlton as their preferred location for their new headquarters, with the move forming a key part of their strategic business plan for the next five years of operations.
“Houlton always seeks to support growing local businesses such as WAGO, who contribute to job creation and economic growth, and so we are delighted to support their relocation to Houlton. Furthermore, the geographic pull of WAGO in terms of employees and visitors will also help raise awareness of Houlton to a wider catchment in terms of house buyers.”