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IC5 at Keele University
Supporting Keele University's development, in this case the latest business and innovation centre, IC5, is one part of the county council's development plans for Staffordshire.

Jobs’ joy from inward investment

Millions of pounds’ worth of inward investment in Staffordshire last year created or protected 1,770 jobs in the county.

Figures, released to coincide with a quarterly business investment update from the Office of National Statistics, showed companies from Turkey, the United States, India, Australia and Spain invested in Staffordshire during 2015/16, as well as from other parts of the UK.

Mark Winnington, Staffordshire County Council’s cabinet member for Economic Growth, said:

This county is known for supporting business with a ‘can-do’ attitude and by delivering major infrastructure projects such as roads, commercial premises and high-speed broadband.

It’s pleasing to see overseas companies responding to that and recognising Staffordshire’s many assets, including a good location and transport connections, the availability of land or off-the-peg premises and a talented workforce.”

Jaguar Land Rover’s manufacturing expansion at its new i54 South Staffordshire factory accounted for a thousand of the jobs, but other overseas investors included a provider of professional business services, a leisure company and an automotive parts supplier.

Mark Winnington said:

In some instances such as the JLR expansion at the i54 South Staffordshire site we delivered, we’re reaping the harvest of continued investment there, but I think other companies look at the calibre of some of the giants who call Staffordshire home and think ‘if it’s good enough for them, it’s good enough for me’.

There has been a lot of sustained hard work by the Make It Stoke-on-Trent & Staffordshire team to market this area and that will continue into the future.”

The news comes soon after Staffordshire County Council approved a commitment to deliver three major business development projects in the county that would potentially create thousands of jobs.

Design and project management work has begun on attracting funding for the delivery of construction work at Keele University Science and Innovation Park, infrastructure work at Chatterley Valley near Newcastle-under-Lyme and at the former Royal Ordnance Factory site in Featherstone, South Staffordshire.

 

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