Situated between Leeds and Manchester in the heart of Pennine Yorkshire, Calderdale is within one hour’s travel of a quarter of a million businesses, eight million people and a combined economy worth around £150 billion.
Calderdale has strengths in two of our core growth sectors: financial and professional services, and advanced manufacturing, as well as flourishing creative and digital industries, and innovation in green business.
Lloyds Banking Group employs over 6,000 people in Calderdale, which has been a catalyst for sustained growth in its financial and business services sector. Firms like RSA Insurance and Covea Insurance have expanded their national operations into Halifax, attracted by the area’s added value, quality of life and cost-efficiency, and Sowerby Bridge is home to Lloyds’ International Data Centre.
Calderdale’s manufacturing sector is a major employer, a reminder of Halifax’s heritage as ‘the town of a hundred trades’. Leading firms like Weir Valves, Halco Rock Tools, Hargreaves Foundry and Severn Unival as well as Kent Introl and Alco Valves in Brighouse show the diversity and skill in Calderdale’s economy.
In Calderdale’s Upper Valley, towns like Mytholmroyd, Hebden Bridge and Todmorden are renowned magnets for creative businesses who seek inspiring places to live and work, and 1,200 creative businesses already span the Calderdale region.
In partnership with neighbouring Kirklees, Calderdale pioneered investment in green businesses and is now home to leading national firms. Its council has strategic plans to reduce carbon footprint from businesses, promote Calderdale as a location for green businesses, build local supply chains, and link to wider national investment in areas like wind power and hydroelectricity.
Highlights from Calderdale’s strategic plan for 2014-2020 are its plans to:
- Create a pipeline of new development sites for business: especially around the M62 economic corridor where demand is highest, and to reclaim and revitalise former industrial sites like the Dean Clough Mill complex which created 3,000 diverse new jobs
- Encourage a culture of enterprise: add to the 6,800 small businesses already in Calderdale’s economy, and encourage entrepreneurship amongst its young population
- Boost financial resilience: improve efficiency in business and increase house building
The district has also set up a revolving investment fund and contributed £1.6 million to support major business development projects across the Leeds City Region.
Calderdale Council offers detailed information about the district’s economic strengths and growth opportunities.