Banks Group invests in move to new County Durham headquarters

September 29, 2010 | Community News

County Durham firm The Banks Group is moving into new, state-of-the-art company headquarters in Durham City.

The new Inkerman House office, which is sited on St John’s Road in Meadowfield, will bring together more than 100 of Banks’ staff from its West Cornforth and Tow Law sites, and will provide 25,000 square foot of purpose built contemporary office space.

The office has been designed with the principles of sustainable development in mind, to correspond with Banks’ overall development with care approach, and includes features such as the provision of rainwater harvesting and re-use, built-in recycling facilities and modern energy and water management systems.

Arrangements will also be put in place to encourage the use by staff of travel methods other than cars. The Banks Group was founded at Tow Law, County Durham in 1976, and has remained a family-owned business ever since. It now employs over 300 people across the north of England and Scotland, and works in the surface mining, renewable energy, property development and waste management sectors.

Harry Banks OBE, chairman and chief executive at The Banks Group, says: “This is an important landmark in the group’s evolution – our new high quality office accommodation will both facilitate a range of logistical and efficiency improvements, and will provide a platform from which we will be able to continue the development of our mining, renewable energy and property development operations.

“We are making major investments in new projects in all these fields across the region, and our move represents the continuing confidence we have that the north east provides the perfect base from which we can achieve our future business ambitions.”

Registered office: Inkerman House, St John's Road, Meadowfield, Durham, DH7 8XL

Registered in England number 2267400. VAT registration number 569 3236 14

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