Around 140 jobs will be created in North Wales after Knauf
Insulation unveiled plans to invest £170 million in a
state-of-the-art manufacturing facility in Shotton.
The landmark development will produce more than 100,000 tonnes of
non-combustible rock mineral wool insulation per year and create
approximately 140 direct jobs, with more in local supply chains.
The announcement coincides with the UK-EU Summit taking place
today (Monday 19 May) underscoring the UK Government's commitment
to fostering economic growth through its Plan for Change and
attracting inward investment to strengthen the economy.
Secretary of State for Wales said:
This £170 million investment by Knauf Insulation is fantastic
news for North Wales and our UK Government mission to drive
economic growth.
This is a vote of confidence in the Welsh economy and our
government's plan to make Britain the destination of choice for
investment in industry.
Cabinet Secretary for Transport and North Wales said:
This is great news for North Wales. The plans will be a major
investment in the area and are a testament to the skills and
facilities we have here.
This positive announcement is the start of the journey and we
will continue to provide support as the work to deliver the
project gets underway.
Minister for Investment CBE said:
The UK is open for business, and this is yet another vote of
confidence in North Wales and its thriving advanced manufacturing
sector which will boost jobs and prosperity across the region.
Our modern Industrial Strategy, which will prioritise advanced
manufacturing as one of eight key UK sectors, will help us go
further by attracting even more investment, creating new
opportunity across the country and making our Plan for Change a
reality.
Neil Hargreaves, Managing Director of Knauf Insulation Northern
Europe said:
Knauf Group has a proud history of manufacturing in Wales and
this project aligns with the Welsh and UK Government's commitment
to sustainability and the industrial vision for North Wales and
Deeside.
Using UK-First Submerged Arc Furnace technology, the new factory
will produce non-combustible, low embodied carbon, recyclable
rock mineral wool insulation to support the need for safer, more
energy efficient and sustainable buildings.
Joint efforts by the UK Government, Welsh Government, and local
leadership have paved the way for Knauf Insulation's confidence
in Wales as a destination for transformative projects.
The UK and Welsh Government-backed North Wales Growth Deal and
the Flintshire and Wrexham Investment Zone collectively support
the decision by Knauf Insulation to locate a second plant in the
area.
As leaders in the production of sustainable building materials,
Knauf Insulation's expansion further supports the growing
advanced manufacturing cluster in North Wales.
