Swiss rail firm invests £2m in Doncaster
SWISS rail firm Schwihag is the latest to expand its Doncaster operations with a £2m investment in the city.
The firm is investing at its Thorne site after securing Doncaster Council’s inward investment grant.
Schwihag is developing its manufacturing capabilities in the UK rather than European alternatives, as it grows its UK client list.
It delivers projects for clients including Network Rail, London Underground and Irish rail, and expand other export markets.
Schwihag is one of few companies with the technology required for the ballas-free technology of High Speed Rail.
The firm plans to renovate buildings at the site, creating 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.”
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 £2m innovative scheme supports the creation of high-quality, well paid jobs for local people.
