A 15-year-lease has been signed for a new medical glass manufacturing facility to set up at the rear of Glass Futures.
SINA Medical Glass has signed a 15-year lease on the former ‘J K Philips’ on McManus Drive with the support of leading Midlands law firm Wright Hassall.
The company will now convert the warehouse into a medical glass manufacturing centre.
SINA Medical Glass plans to manufacture circa 300 million medical glass vials and cartridges per annum, sufficient to meet the UK’s domestic annual requirement, and with the excess to be exported to meet global demand.
Wright Hassall worked on behalf of the company to agree the lease for the site, which is now owned by St Helens Borough Council.
Andrew Jones, a Partner in the Commercial Real Estate team at Wright Hassall, said: “We are extremely pleased to help SINA Medical Glass secure a lease for its new site.
“There were a number of complexities in relation to the site which we were able to navigate on behalf of the client.
“This included working closely with St Helens Borough Council which was purchasing the site as part of its investment into the glass industry in the area, and advising on change of use planning permission ahead of the lease being agreed.
“St Helens has a long history in glass manufacturing, so it is fantastic to support such an exciting business as it looks to boost investment in this area, create local employment opportunities and grow the economy in the North West.
“As a team, we are very pleased to be supporting the manufacturing sector right across the UK.”
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