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The 1970's, the strikes, the depression of the car
and manufacturing industry. This city has suffered.
Then, slowly at first, the mourning of bygone times
changed to a yearning for action. With it's new economic
strategy now in place the whole of the West Midlands
is awakening and attracting the inward investment it
so desperately needed. Now the most successful region
for attracting inward investment it has a host of successful
ventures behind it. It is moving from strength to strength.
It's vision for the future?........
The West Midlands will be a region at the heart
of everything.
Central Location
Home of the NEC one of Europe's largest exhibition
centres attracting 42% of the UK's conference business,
central to the UK road network with easy access to all
parts of the UK, International Airport and global perspective,
the West Midlands has much to offer.
The West Midlands is already home to nearly 2000 overseas
companies from over 30 countries. It is still a manufacturing
region with nearly 20,000 manufacturing companies. World
class manufacturing and state of the art technology
are one of the reasons behind its recent success story.
Some facts.......
West Midlands is home to;
18 of the top 20 global automotive suppliers (64 of
the top 100)
26 of the top 30 global automotive plastics suppliers
6 of the top 10 software companies
workforce of over 2.4 million
34,000 graduates per year
the fastest growing airport in the UK
75% of the country within access by truck within half
a day
Some facts.......
The most important sectors for the economy of the region
are;
- Automotive
- Plastics and Rubber Processing
- Software Industry
- Food and Drink Industry
- Electronics and Telecommunications
- Financial and Business Services
The home of modern industry, the west midlands
boasts first class reputation Universities, research
associations and Europe's largest electronics organisation
(DERA). If you would like more information on the
economic sectors of the West Midlands then please
visit the WMDA
web site.
Birmingham now has the largest professional and
financial sector outside of London. Recognised and
voted best region for relocation the West Midlands
is top of the list of desirable business locations
among CBI delegates. It is a city of international
status, A city that has adapted to change and no
longer totally reliant on manufacturing and industrial
means for it's survival. It is a centre of excellence
for today's modern business. World renowned names
like Cadbury, Rover, jaguar, LDV, Lucas, GKN and
Metro Cammell are joined by NEC, Marconi, Hitachi,
Peugeot, Fujitsu, AT&T, Siemens, Epson and Tatung
and home grown national call centres are setting
up in the region. BT's new prestigious offices in
Brindley Place demonstrate the commitment to the
region.
Job creation and skills recognition
USA clothing giant GAP Inc are moving to an 80
acre site and building two warehouses and offices
in recognition of the West Midlands region and the
skills of the local workforce. Last year no less
than 92 inward investment projects were realised
creating 5,500 new jobs. Thousands more opportunities
are being created as a result of the massive regeneration
programme of the city in its leisure and retail
sector. Germany features predominantly in this investment
and nearly one third of German investment in the
UK over the last 3 years has been in the West Midlands.
Germany's investment alone has created 51,000 new
jobs and £884 million of investment. There are now
around 350 German companies in the West Midlands
region taking second place only to North American
based business.
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