Wiltshire Council welcomes £16M Treasury Announcement for Dyson

Thursday, 17th March 2016

Sourced from Wiltshire Council - follow link to original article

Wiltshire Council has welcomed the Treasury’s announcement of up to £16 million Exceptional Regional Growth Fund (ERGF) support to help unlock further major investment by Dyson, here in Wiltshire.

The funding will help secure further technological developments by Dyson, and deliver another wave of highly skilled, high value jobs into Wiltshire’s strong advanced manufacturing sector.

Wiltshire Council has worked very closely with Dyson to help enable the expansion of Dyson’s technology campus in Malmesbury, most recently through significant highways improvements.   Funded by the council, The Swindon and Wiltshire Local Enterprise Partnership (SWLEP), and the company, the new highways infrastructure is one among a number of major schemes benefiting from the Government’s £140m Growth Deal funding package for Swindon and Wiltshire.

The ERGF funding announcement helps more than the 570 or so direct high value jobs (and many more indirect jobs and other benefits) it will create locally - it seizes an opportunity to secure technological advances here in Wiltshire.

James Dyson said: “Dyson technology developed here in Wiltshire is driving our growth globally and fuelling UK exports in the process.  We’re investing £1bn in our battery technology which will power our future technology and this grant will help ensure the expertise and intellectual property is developed here creating highly skilled jobs.”

Baroness Scott of Bybrook, OBE, Leader of Wiltshire Council, said: “We are committed to boosting the local economy here in Wiltshire and we have worked closely with Dyson to ensure this world leader in business continues to be a part of Wiltshire. The Treasury announcement is very welcome as it will help to unlock further investment by Dyson in addition to the company’s decision to locate its new research and development and technology campus at Malmesbury, creating around 3,000 jobs.

“This news underlines Wiltshire’s position as a high quality business location and we look forward to continuing to work closely with Dyson on the next phase of their plans.”

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