The latest sale of land at Kirton Distribution Park will create an additional 80 jobs for the local economy.
Lincolnshire County Council has recently finalised the sale of 10.28 acres at the site, which completes phase 3 of the development.
The sale to Dhoot Transmission UK, known locally as Parkinson Harness Technology, will allow them to construct a new factory - manufacturing specialist vehicle parts, following planning permission being granted last year.
Cllr Colin Davie, executive councillor for economy and place at the county council, said:
“This new factory will be a fantastic addition to the 27-acre Kirton Distribution Park, and Parkinson Harness Technologies will be joining other high profile businesses on the site such as Duckworth Jaguar Land Rover and Sportsbikeshop.
“All of the land here has now been allocated, and Kirton is another example of how the council is providing the investment to encourage businesses to start-up, re-locate and grow, in our county.”
David Earnshaw, Managing Director at Parkinson Harness Technology, said:
“Parkinson Harness Technology (PHT) are delighted to announce their plans for construction of a new facility at Kirton. The facility will enable the company to further develop their position as a leading supplier of High Voltage leads for the UK specialist vehicle market alongside their long standing Low Voltage product.
“When your bins are emptied, it is in part, with product made here in Lincolnshire. We’d like to thank both Lincolnshire County Council and Boston Borough Council for their critical help in putting this project together.”