Fifty new jobs look set to be created after permission was granted for a £50 million expansion at Disley Tissue Ltd.
The proposals, approved by Cheshire East, will expand the Waterside company and add a 220-tonne a day wood pulp mill to its existing 70-tonne recycled paper mill.
A number of unused buildings will be demolished and there will be an extension of the stock preparation area, new fibre and waste storage areas, a new paper mill building and two storeys of offices.
Councillor Diane Guy, chairman of Disley Parish Council, said: “I am absolutely delighted with the news that Disley is going to benefit from this £50 million investment.”
She said the investment and new skilled jobs would also have a knock-on effect on the overall economy in the area.
The site, originally a cotton mill, has operated as a paper mill since 1890.
Councillor Harold Davenport, chairman of Cheshire East’s strategic planning board, said members felt the investment would diversify the current waste paper operation and help secure the future of the existing business.
“These factors, coupled with the creation of 50 new skilled jobs, will bring substantial benefits to the area.”
Regular meetings are planned to keep local residents informed of the progress of the development.
A successful bid for funding from the Government’s Regional Growth Fund was announced in November.
l The application will now go before the National Planning Casework Unit. If they agree with the decision, the firm can go ahead with its plan.