A lighting manufacturer has agreed a deal to take the first unit on a new Black Country industrial estate.
FW Thorpe has bought a 15,000 sq ft unit on the ten-acre Reedswood Park in Walsall for an undisclosed sum.
The company will move its subsidiary Portland Lighting which it acquired in 2011 from its current premises in nearby Regal Drive to the new park.
Executive director David Taylor said: "Our lease on Portland Lighting's current premises runs out in November so we've been looking for new premises since the turn of the year.
"We liked the idea of having a purpose-built unit that we could fit out ourselves - we've done similar things with other companies we've bought in the Netherlands and Spain. Reedswood Park was an excellent fit for us.
"It's a stone's throw from Portland's current premises so it allows us to expand without moving away from Walsall."
The deal was agreed by commercial property agencies Fisher German and Lambert Smith Hampton.
Matthew Tilt, director of industrial and logistics at Lambert Smith Hampton, said: "We're so pleased that FW Thorpe will be the first occupier on site having chosen to purchase a unit at Reedswood Park."
