A multi-million-pound deal which will see more than 100 new jobs created at a car importer in Stallingborough, UK has been officially signed by Kia Motors UK Ltd. and Paragon.
The two will operate a key automotive storage and preparation center on an 88 acre site of Kiln Lane. The site will handle and process up to 120,000 cars every year, with the operation moving from the existing site in Killingholme by December 2015. The move is expected to employ 150 staff – these include existing Paragon and GBA staff but will also create new roles and opportunities for the local area.
Injecting millions into the future of Stallingborough, the purchase will see the development of 88 acres of land to a fully functioning compound for automotive storage, preparation and distribution.
The purchase of the land totals £9m, which will involve re-development and extension of the existing workshop and bodyshop to encompass state of the art facilities spanning over 75,000 square feet.