Siemens Mobility Invests £100m in UK Manufacturing

Siemens, a prominent player in the manufacturing and mobility sectors, has divulged its intention to inject a substantial amount of £100 million into establishing a centre of manufacturing excellence in Wiltshire. The facility is slated to supplant the existing Chippenham factory and is envisaged to commence operations by 2026. It will accommodate approximately 800 skilled positions in manufacturing, research, engineering, and reporting roles.

The Chancellor of the Exchequer, Jeremy Hunt, lauded this move, touting it as a significant impetus for the manufacturing landscape in the UK. He underscored the potential of digital technology to enhance railway safety, reliability, and connectivity while fostering high-paying jobs and augmenting exports.

Rob Morris, Joint CEO of Siemens Mobility UK & Ireland, echoed this sentiment, citing the substantial €115 million investment as a testament to Siemens’ steadfast commitment to Chippenham and the broader UK. He emphasised the pivotal role that Siemens has played in revolutionising rail, travel, and transport in Britain and expounded on the forthcoming construction of a cutting-edge rail factory, digital engineering, and R&D site.

This investment comes amid a sweeping modernisation initiative in Britain’s railways, with digital rail systems poised to bolster community connectivity and expand employment opportunities. The plans are also anticipated to confer economic benefits on Chippenham and the wider Wiltshire region, with Siemens Mobility actively engaging with local small and medium enterprises in the supply chain.

The government’s Advanced Manufacturing Plan, coupled with a substantial allocation of funds for strategic manufacturing sectors and a Green Industries Growth Accelerator, underscores its commitment to fortifying the manufacturing domain. The Chancellor’s announcement of Full Expensing, which represents the largest British business tax reduction in history, is anticipated to catalyse investment in plant and machinery technologies and enhance the nation’s productivity.

Business and Trade Secretary Kemi Badenoch underscored the success of the government’s strategy in attracting foreign investment, while Transport Secretary Mark Harper emphasised the pivotal role of rail manufacturing in bolstering the economy and creating skilled job opportunities.

Siemens’ announcement coincides with the government’s pledge to invest over £360 million in advanced manufacturing and life sciences, signalling a concerted effort to fortify the nation’s economic foundation and attract additional private sector investment.