A Bilfinger GVA economic impact assessment has recently found that the economic impact of MHI Vestas’ Blade Production facility in the last 12 months has been £135 million of economic output to the UK economy, supporting over 380 direct and indirect jobs, and generating significant value for the local Isle of Wight economy through salaries and spending.
Jens Tommerup, CEO at MHI Vestas Offshore wind has said:
“There are three key areas of value that we bring to the UK, namely competition, innovation and skills, which will continue to bring direct benefits in terms of cost reductions, jobs and investment in the UK.
“This truly is a win-win-win scenario. A win for UK jobs. A win for UK industry. A win for cost competitive, secure, low carbon power generation in the United Kingdom.”
Manufacturers, like MHI Vestas, have opted to build a strong, competitive supply chain that creates jobs and investment in the UK on the basis of continued market growth and sustained policy support for the offshore wind power projects.
International Trade Minister, Greg Hands MP, said:
“MHI Vestas Offshore Wind’s decision to increase production staff at their Isle of Wight facility is great news. As manufacturers of the latest generation of offshore wind blades they play a vital role in the UK’s offshore wind industry. I look forward to seeing these blades in UK and European projects in the future, starting with the Burbo Bank Extension wind farm.”
MHI Vestas is a world leading offshore wind project company, dedicated to creating new ways of making offshore wind power more affordable.