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BOCM Pauls has unveiled plans for a 200-acre business park and housing development at Olympia Park near Selby, North Yorkshire.
BOCM Pauls, the Ipswich-based animal feeds manufacturer with 1,000 staff at 11 mills and seven blending plants, is to be acquired by ForFarmers of the Netherlands for £70m.
BOCM Pauls is to create up to 15 jobs at its new 21,000 sq ft animal feeds storage operation at Walton Summit near Bamber Bridge.
BOCM Pauls has secured a £77m financing package to fund the expansion of its animal feeds business, which includes 1,000 staff at a nationwide network of 20 mills.
Elementis is selling BOCM Pauls, the animal feed and pig business, to Accruechart, which is jointly owned by BOCM management and Electra Fleming, for about £60m.
BOCM Pauls plans to buy Usborne's pig production operation for £7.4m.