Car parts distributor Andrew Page Limited is setting up its new national distribution centre at Markham Vale, which we are developing with partner Henry Boot Developments Limited.
Work will begin next month to build the distribution centre with completion expected in August.
Councillor Kevin Parkinson, Cabinet Member for Regeneration, said: "This is fantastic news for our Markham Vale regeneration scheme.
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"A major company like Andrew Page coming to the site shows the investment we have made as the solid foundation for our long-term aim of creating 5,000 jobs.
"Markham is the only site along the M1 corridor to be building new units in difficult economic times and is ideally positioned for strong growth as the economy improves.
"We're working with Henry Boot Developments Limited to attract national and local companies to the 200-acre former coalfield site, just off the purpose-built junction 29A of the M1."
Mark Roberts, managing director of Andrew Page, said: "Markham Vale has excellent communication links, immediate access to the M1 motorway and is the ideal location for our national distribution facility.
"The development supports our expansion plans as a leading supplier of quality parts and we are delighted to bring 120 jobs to Derbyshire."
(CD/GK)
