A modular housing company has revealed plans to create 1,000 jobs with the opening of a major production facility in Northamptonshire.
TopHat is to launch a 650,000 sq ft factory at GLP’s Magna Park in Corby, with the move designed to support its plans to manufacture and distribute up to 4,000 homes per year.
The company has said it will create 1,000 green economy jobs across a range of roles. A training academy will also be established in partnership with local colleges.
Jordan Rosenhaus, chief executive and founder, said: “TopHat’s new facility will increase our capacity to over 4,500 homes a year. Our homes are designed to be beautiful and green, being low-carbon to build and much cheaper to run.
“TopHat is playing a leading role in transforming home building in the UK, improving quality, reducing costs and protecting the environment.”
Construction will begin later in the year, with the facility expected to be providing its first homes by the end of 2023.
James Atkinson, development director of GLP, said: “We are delighted that TopHat will be the anchor tenant for our new Magna Park in Corby, bringing not only investment and jobs to the local community but also delivering innovative new homes which will be an important part of our future.”
Savills advised TopHat on the acquisition.
Charles Spicer, industrial and logistics director at Savills, added: “TopHat are an innovative occupier in a new market sector, which is particularly exciting news for the wider industrial market.”