Up to 30 jobs will be created by plans to transform a derelict Black Country factory into a state-of-the-art hub making eco-friendly timber houses.
The Accord Group is opening the manufacturing and assembly site in Walsall which, once up and running, is expected to make enough panels to build around 150 new homes each year.
The group is one of the largest housing associations in the West Midlands, made up of seven organisations which provide 11,000 homes and a range services including care and support to around 40,000 people across the region.
Chris Handy, chief executive of Accord Group, said: “This innovative initiative will create much needed jobs and help regeneration in this area of Walsall.
“And in addition it will manufacture very high-quality timber frame eco-housing for the future, helping to fulfil the vision of Councillor Adrian Andrew of creating a green housing hub for Walsall.”
Mike Dell, president of Black Country Chamber of Commerce, welcomed the project.
He said “The chamber is delighted that the Accord project is coming into fruition.
“Their investment will contribute significantly to the local area.
“Not only will the hub create jobs, but it will enhance manufacturing in Walsall and input to our ultimate goal of making the Black Country the centre of the industrialised world once again.
“The Accord Group has already completed three developments using low-carbon timber homes using panels imported from Norway.
“Energy bills for these homes, which are nationally acclaimed, cost on average 50 per cent less than traditionally-built properties of the same size.
“This sort of saving is a tremendous help to people who are struggling with the current cost of living in the tough economic climate.”