The Centre for Process Innovation (CPI) has signed a new lease on its 47,000 sq ft of accommodation at the Wilton Centre, the largest deal at Teesside’s premier science and business park for more than 10 years.
The technology innovation centre, which has been based at the Wilton Centre for the past 13 years, has committed to a further seven year lease on its office, laboratory, pilot plant and scale up space.
More than 120 people work for CPI at the Wilton Centre, with a mission to support the UK process manufacturing industry by helping to overcome innovation challenges and developing next generation products and processes.
CPI bridges the gap between early stage concept and scalable commercial process.
Early and mid-stage technologies are characterised against scale-associated risk and guided by an understanding of relevant cost contribution.
Utilising its state-of-the-art facilities and technical expertise, it helps its clients to de-risk process development.
This is achieved through proof of concept testing to accelerate the commercialisation of new products and process technologies. Its multidisciplinary team has completed feasibility assessments, process development projects and piloting studies for UK, European and international clients.
Wilton Centre site director Steve Duffield said: “It’s not just good news for the Wilton Centre that CPI has committed to be here for the next seven years, but for all the companies and organisations which have chosen to cluster around them creating a process innovation hub.
“They are helping to contribute to the future success of the North East economy.”
The re-letting to CPI at the 75-acre science and business park follows hard on the heels of the re-letting of 29,000 sq ft of office space to SABIC, and new leases of 40,000 sq ft of office and training space to international electrical safety training provider The Faraday Training Group, in addition to 15,000 sq ft of office and laboratory space to FUJIFILM Diosynth Biotechnologies, a world leading developer and manufacturer of biologics-based medicines.
Stephen Brown, senior partner at Dodds Brown, the letting agent for the office space at the Wilton Centre, added: “It’s not just the Wilton Centre’s unique combination of office, laboratory and process development space which attracts tenants, but its proximity to the Wilton International site, good road links and clusters of similar organisations.”
Wilton Centre is a leading, privately-owned science and business park located in the heart of Teesside just five minutes’ drive from Middlesbrough.
It provides a wide range of top quality office, laboratory and pilot plant accommodation at competitive rental terms with immediate occupancy.