There is also the potential for an additional 627 manufacturing jobs to be created in the Humber region in the north east of England, according to the report ‘The History of the Siemens-ABP Investment in Hull’.
Siemens Gamesa and Associated British Ports (ABP) announced a £310 million (€351 million) investment to develop the Green Port Hull site centred around the offshore wind turbine blade factory on Alexandra Dock in Hull in March 2014. The factory was opened on 1 December last year.
Direct employment by Siemens Gamesa may also contribute up to £71.3 million (€81 million) in the value of goods and services produced in the Humber — Gross Value Added (GVA) — the University of Hull’s Logistics Institute found.
Meanwhile, for every £1 (€1.13) of investment, an additional 47p (€0.53) will be generated in the disposable income of the local economy.
The university’s Logistics Institute is two years into a three-year study into the economic, social and environmental impacts of Siemens Gamesa and ABP’s investment. It made public its preliminary findings this month.
Blades manufactured at the factory were used at Ørsted’s (formerly Dong Energy) 573MW Race Bank wind farm, while Statoil used the port as an assembly base during completion of its 402MW Dudgeon project.
Siemens Gamesa’s head of business Ray Thompson said: "Hull and the Humber region is on track to become one of the UK’s leading clusters within the sector.
"With offshore wind set to form an important part of our nation’s electricity system going forward, there is great potential for more supply chain opportunities and further growth."
Hull City councillor Martin Mancey, whose portfolio covers economic investment, regeneration and planning, meanwhile, described the investments as a "game changer" for the Humber region. He added: "The city’s economy is on an upward curve."