Hull gets major investment

For Hull the year has opened in splendid style with Colliers International doing a deal for Siemens for a site to manufacture wind turbines in Alexandra Docks. This is a highly prized inward investment that many parts of the UK were hoping for and is a large facility costing £80 million and, of huge local significance, it will create 10,000 jobs.

Past experience shows that such a new high technology manufacturing facility will act as a catalyst for other companies, notably equipment suppliers for the wind turbines, which will be for offshore and farm installations. Locating in Hull makes total sense because Siemens intends exporting the turbines to other countries in North West Europe.