Major overseas rail investment in Doncaster

Mayor Ros Jones meets Karl Schwiede of Schwihag – the latest rail firm to invest in Doncaster

Leading international rail firm Schwihag (UK) Limited is the latest in a string of companies to expand its operations in Doncaster.

Schwihag, which received backing from Doncaster Council’s Inward Investment Incentive Scheme, has decided to develop its manufacturing capabilities in the UK rather than at other sites in Europe.

The company is investing £2 million at a site in Thorne after securing a council inward investment grant. Schwihag now plans to renovate and extend one of the buildings at the site. This will safeguard the current 25 strong workforce and create four new jobs.

Mayor of Doncaster, Ros Jones, said: “I am delighted that my pledge to deliver jobs and growth is paying dividends with the Inward Investment Incentive Scheme helping to seal the deal which sees Schwihag commit to developing its manufacturing capacity here in Doncaster. If a company has expansion and relocation plans they should speak to our Business Doncaster team.”

“Our rail sector is going from strength to strength and Schwihag recognised the commercial benefits of locating in the town which has a growing cluster of international rail firms. With the National College for High Speed Rail opening in Doncaster in 2017, there will be many other rail and engineering firms deciding to locate to the town. The future of rail in Doncaster is looking very bright indeed.”

Schwihag’s decision to expand in Doncaster will help it deliver on existing major contracts with the likes of Network Rail, London Underground and Irish Rail and also enable the company to expand its product range in to export markets.

Future growth could be even more dramatic with High Speed Rail developments as Schwihag is one of the few companies in the world with the cushioning technology required for the new ballast free slab-track technology of High Speed Rail, potentially creating more jobs.

Karl Schwiede, owner of Schwihag said: “The key determining factor in expanding in Doncaster was the Council’s support through the new Inward Investment Incentive scheme. This has been really important to us in terms of demonstrating that Doncaster supports business and the rail sector in particular. The rail sector is flourishing in Doncaster and with the National College for High Speed Rail coming to the town there are significant benefits for our business from being located here.”

Schwihag is one of the first firms to benefit from the Inward Investment Incentive Scheme which encourages businesses to locate to and grow in Doncaster. The £2million innovative scheme supports the creation of high-quality, well paid jobs for local people.

Picture caption: Mayor Ros Jones meets Karl Schwiede of Schwihag – the latest rail firm to invest in Doncaster

 

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