LOGISTICS & TRANSPORT


FEATURE


Mark Moody, of Core Management Logisitics


‘Magna Park is ideally placed to provide job opportunities for skilled workers from across Leicestershire and beyond’


within easy reach, while the M1, A1, A46, A43, and A14 provide strong connections to the rest of the country. The logistics sector employs 158,600 people across


15,560 companies in the East Midlands, although taking into account those who work in logistics roles in other sectors, the actual number of logistics-related jobs is 223,700, which equates to 11% of the region’s workforce.


Now that the green light has been awarded for the first


stage of the expansion of Magna Park, the distribution development is expected to create an additional 1,200 jobs on top of the currently estimated 9,000 employees, over the next few years. If further plans are approved, Magna Park could provide an additional 7,800 jobs. Located in what has been dubbed the ‘golden triangle’


of the country, between the M1, M6 and M69, Magna Park is ideally placed to provide job opportunities for skilled workers from across Leicestershire and beyond. The development also has the potential to drive further


investment in housing, infrastructure and transport. Supply chain and logistics provider Core Management


Logistics (CML) is one of many occupiers of Magna Park. Its neighbours include Disney, Asda and Argos. CML’s central location has helped it secure a number of


major contracts with retailers including Marks & Spencer, LK Bennett and BHS. CML’s provision to the fashion retailing market has


increased by approximately 18% over the past year, while in 2015 it expanded its warehousing space from 270,000sq ft by building a second warehouse which provides an additional 115,000sq ft, to help the firm meet the growth within its business.


business network May 2016 35


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