Hull blades bring jobs joy
Impact study shows local benefits of new Siemens Games facility
A £310m investment by Siemens Gamesa and Associated British Ports in a new wind turbine blade manufacturing facility at Alexander Dock in Hull has created more than 2000 jobs, according to an economic impact study.
The two companies announced they were making the investment in 2014 and finished building the facility last year. Its effects on the renewable energy sector and its supply chain have been studied by Green Port Hull, a partnership that includes the University of Hull's Logistics Institute.
Two years into the three-year study, preliminary findings indicate the development created direct employment via Siemens Gamesa of 1063 jobs, with the potential for an additional 627 support jobs, based on the latest employment multiplier data for the UK manufacturing sector.
Green Port Hull has also reported its supply chain development work, which identified the creation of a further 1282 jobs in the local supply chain.
Among other findings, the studies found the facility had a "multiplier effect" of 1.47, so for every £1 of investment, an additional 47p was generated in the disposable income of the local economy of the Humber.
“What the report shows is, despite the challenges, the Hull and the Humber region is on track to become one of the UK’s leading clusters within the sector," Siemens Gamesa head of business development Ray Thompson said.
"With offshore wind set to form an important part of our nation’s electricity system going forward, there is great potential for more supply chain opportunities and further growth.”