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OBEX Protection and Nemesis are taking up space at St Modwen Park, Broomhall.
OBEX Protection, which manufactures and distributes protective construction solutions, has agreed to lease 47,000 sq ft at the park.
The firm will retain a 27,000 sq ft base at St Modwen’s nearby Nunnery Park scheme.
The firm is taking up the additional space to increase its manufacturing and distribution operations in response to a rapid growth in demand for its products in recent years.
Meanwhile automotive and tech distribution company Nemesis has agreed to take 15,000 sq ft of space at the Broomhall site.
It will also retain its 19,000 sq ft unit at Nunnery Way.
St Modwen Logistics has also announced planning permission for the third and final phase of development of the Broomhall site has been secured.
The construction of two units – 40,000 sq ft and 32,000 sq ft – is set to begin later this summer.
The development will create 95 jobs and has been supported by local employment groups including Worcestershire Education Business Partnership and the LEP Skills team.
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The park is located just one mile from Junction 7 of the M5.
Peter Davies, development director at St Modwen Logistics, said: “We were naturally delighted when both OBEX and Nemesis asked us to support them again with their expansions.
“It’s fantastic to see two local businesses growing in this way.”
Rob Francis, OBEX director, said: “Following a period of rapid growth, we are excited to announce an expansion. It was important for us to remain in Worcester where the company was founded.
“We had no hesitations about agreeing a deal to move into St Modwen Park.”
Chris Chance, Nemesis’ chief executive officer, said: “There is a dearth of modern, high-quality warehouse space in the area that supports our long-term sustainability goals.
“We are very pleased to have secured new premises at Broomhall which will allow us to maintain our trajectory and attract the staff we need.”
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