Tata sells Corby land to invest in tubemaking

Tata Steel will invest £12 million ($13m) into its Corby tube-making works using proceeds from the sale of a 99-acre site within the west side of the works, which has become redundant, Kallanish notes.

The end use of the plot will be a fully-serviced campus-style logistics hub.

Tata Corby works manager Gary Blackman says: “We are already well progressed with a £30 million investment programme in Corby – one of the largest in the site’s history. The sale of the old West Works land will now fund the regeneration and development of one of our warehouses on the East Works into a world-class complex of offices, stores and engineering workshops, and upgrade one of our tubes finishing lines.”

The new building will be clad with over 18,000m2 of Tata Steel’s own Trisomet insulated wall and roof panels, which will enable faster installation and gives optimum performance for water drainage and strength, the firm says.

Warmflame Developments, which facilitated the plot sale, says it has managed a phased enabling of the site whilst transitioning some of Tata Steel’s existing operations from the West Works to its retained land in the east.

In 2022, Tata Steel announced it was replacing one of the two cold-formed sections mills at its Corby site. Last year, it said it plans to install two new induction furnaces to reduce carbon dioxide emissions from one of its tube mills by at least 2,000 tonnes/year.

Adam Smith Poland