Via Kristy Dorsey
Two years after it was reported that the tire operation will close, the former Michelin factory in Dundee has welcomed its first new tenant.
MEP Technologies, a battery systems specialist, has moved into a joint venture between Michelin, Dundee City Council and Scottish Enterprise, the so-called Michelin Scotland Innovation Parc (MSIP). With 10 staff, MEP has relocated from its previous Dundee location and aims to build up to 10 more positions over the next two years.
Companies working on sustainable mobility and low-carbon energy will be located on the 32 acre property. In addition to office space, tenants will also have access to a campus for creativity, a skills academy, and facilities for business support.
Hundreds of new employment in Dundee following the Michelin tire plant closure
MSIP said it is in “advanced” negotiations with some other businesses and plans to have additional tenants within the next 12 months. In addition, two previously announced tenants, Arcola Energy and Low Emissions Capital Global, who have signed preliminary agreements and whose relocation was postponed by the pandemic, are scheduled to move in during the first half of next year.
In November 2018, the closure of the tire plant was reported, with plans for the MSIP revealed a few months later. Development was supposed to end last summer, but with the Covid outbreak, it was actually halted in March.
Infrastructure work is expected to begin this month to create the MSIP Technical Academy and Innovation Center. The MSIP is headed by Greig Coull, the executive director.