Speedo joining ng2

Global swimwear brand, Speedo is moving its international headquarters to ng2 having signed a 17-year lease to a new high-tech office facility being built at ng2 business park. Construction is due to commence on the new facility this year subject to final planning approval

The new purpose built premises, due for completion at the end of 2010, will provide a state-of-the-art working environment for Speedo’s 170-strong Nottingham workforce currently based at offices on Ascot Road.

Speedo President, David Robinson, said: “Speedo has a long history with the Nottingham area and we wanted to continue this connection. The quality of the new building along with its centrally located site, will help us to attract and retain the highest calibre staff.  It will also be a fitting new home for our R&D centre, Aqualab, which continues to ensure Speedo remains at the forefront of swim technology.

Peter Gadsby, Chairman of East Midlands Developer Miller Birch said: “I am delighted to welcome Speedo to ng2.  As a world recognised brand, known for leading the field, Speedo reinforces the reputation of ng2 as the premier business location in Nottingham and the Midlands.”

East Midlands Development Agency Chief Executive, Jeff Moore, said: “I am absolutely delighted that Speedo is securing their base in Nottingham. To have an internationally recognised successful company based in the city benefits the whole region. Their ongoing presence will help secure hundreds of jobs through the supply chain and research facilities used to develop new products such as the Speedo LZR Racer swimsuit as worn by Olympic Mansfield swimmer, Rebecca Adlington. emda has a long standing relationship with the company and it is gratifying to see them go from strength to strength.”

Deputy Leader of Nottingham City Council, Councillor Graham Chapman, said: "Speedo is one of the great international brands which grew in Nottingham and will now stay in Nottingham. We have worked tirelessly with various agencies to try and get this result so I’m absolutely delighted that Speedo’s needs can be met on the ng2 business park. It's great for Speedo and it’s great for Nottingham, safeguarding local jobs."