North-east farmers’ co-operative ANM Group has begun development work to expand its Thainstone Business Park.
The Inverurie-based co-op has started work to expand its business park thanks to a £5 million funding package from the Royal Bank of Scotland (RBS).
The group’s chief executive, Grant Rogerson, said: “We are pleased to see our plans finally take shape, as Thainstone is strategically important not only for ANM, but also the local area and the north-east region as a whole.
“The development will create additional jobs and will bring significant economic growth to the local economy, now and into the future.”
He said local suppliers would be used throughout the construction process, with Nicol of Skene as the main contractor.
RBS relationship director Barry Fraser said: “ANM Group’s development plans at Thainstone are a prime example of a resurgence in confidence in the north-east business sector.
“The new development will add to the promising outlook for Aberdeenshire’s economic growth and comm- unity empowerment through the provision of jobs.”