Hundreds of jobs to be created in Sheffield as Taiwanese company invests in steelmaking
Walsin Lihwa is expanding its Special Melted Products factory in the city
A Taiwanese company has unveiled a major investment in steelmaking in Sheffield, with the move set to create over 200 jobs in the city by 2028.
Walsin Lihwa is expanding its Special Melted Products factory in the city, as it aims to produce more parts of the aerospace and energy sectors.
Minister for Investment Baroness Gustafsson CBE, who visited Sheffield earlier this week, said: “Our modern Industrial Strategy is all about having more high paid jobs in the industries of the future, in communities right around the UK."
"This investment is a major vote of confidence in Sheffield’s world-class manufacturing sector and couldn’t match our ambitions better.
“Our Steel Strategy later this year will set out further support we will take to boost the steel sector and encourage investments like this, and we look forward to hearing from Walsin Lihwa about their ambitious UK growth plans, delivering on our Plan for Change.”
Walsin Lihwa Chairman, Yu-Lon Chiao, said: “The United Kingdom possesses a vast market in aerospace, energy, and nuclear power sectors that is unparalleled by Taiwan."
"This investment marks a significant milestone in SMP's development and underscores Walsin Lihwa's firm determination for global expansion strategy.
“Looking ahead, we plan to establish an R&D centre in the UK to further strengthen our capabilities in materials and digital technology innovation, while deepening our collaborative ties with the European market to jointly promote industrial upgrading and sustainable development."