ONE of East Lancashire’s major regeneration initiatives looks set to be given a major shot in the arm.

Plans to extend Lomeshaye Industrial Estate in Nelson have been identified as a key component of the Pennine Lancashire’s ‘growth corridor’.

And now Lancashire Enterprise Partnership’s board is being recommended to approve a £4million expansion grant.

Senior councillors have been looking to purchase an extra 19 hectares to the west of the site.

Last month Pendle borough councillors approved £400,000 to fund a compulsory purchase order for the land.

The LEP is being recommended to back the M65 junction 12 scheme, when their board meets on November 6, after agents Eskogen presented a business case to members earlier this month, dependent on pre-conditions being met and a legal agreement being drawn up.

County Cllr Mohammed Iqbal, (Nelson North and Brierfield), said: "This ensures lobbying Pendle Council did under my leadership will come to fruition so we can implement this as quickly as possible and provide a real shot in the arm for local investment and jobs."

Cllr Paul White, Pendle Council leader previously said: "Lomeshaye is one of East Lancashire’s largest employment sites and the extension will provide 1,000 jobs for local people.

"Expanding Lomeshaye is a vital part of our 15 year Local Plan. It will give Pendle businesses a place to grow and expand and make Pendle more attractive to new businesses from outside the area."