Tuesday, February 8, 2011

St Modwen back in the black

A digger on the site of the former MG Rover car factory at Longbridge. Photo: David Sillitoe for the Guardian

Property group St Modwen is making progress on plans to redevelop the former MG Rover works at Longbridge and has swung back to profit for the first time since 2007.

The company, which specialises in rebuilding town centres and former industrial sites, has submitted a planning application to develop the town centre and factory site. The

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