Aggreko Plc, the global leader in the supply of temporary power and temperature control solutions, today hosted a visit from Prime Minister David Cameron at its new manufacturing facility at Lomondgate, Dumbarton.
Aggreko, is one of the fastest-growing companies in the FTSE 100, and provides temporary power in over 100 countries. Its customers range from whole countries where demand for electricity exceeds supply, through to local businesses whose power supply has been disrupted. Aggreko is perhaps best known for supplying power for major sporting events such as the FIFA World Cup, and the Superbowl. It is the exclusive supplier of temporary energy services for the London 2012 Olympic Games and Paralympic Games, which will be the largest sports events Aggreko has ever powered. The company will support approximately 40 venues in London, using over 500 generators. In total, Aggreko will supply 225 megawatts of power through more than 1,000 kilometres of cable.
The new facility will be officially opened by HRH the Princess Royal at the end April 2012. It will employ some 400 people, including the creation of 110 new jobs designing, developing and manufacturing power generators and temperature control equipment to be deployed by Aggreko around the world. The completion of the new plant is a major boost to the Dumbarton economy and reaffirms the town as home to a major multinational company. Over the last three years, Aggreko has created over 2000 jobs worldwide, of which 150 have been in Scotland and 230 in total in the UK
David Cameron commented:
"Aggreko is an important British business doing three important things. Firstly it is making things. For too long the UK has relied on revenue coming from only one corner of Britain. We are a skilled and productive country and we need to use these qualities to grow our manufacturing output.
Aggreko is also heavily investing in Dumbarton and bringing real opportunity to local people here, including the local employment of young people who otherwise might find it hard to secure work. 95% of what Aggreko does, brings in international revenue. Britain needs to export itself out of this recession and Aggreko is leading the way.
I would also like to offer my congratulations to Aggreko and its workers for securing the London Olympics contract. It is great to see the event bringing great opportunities to local British businesses."
Rupert Soames, CEO of Aggreko commented:
“As a result of the welcome success Aggreko has achieved over recent years we made the decision to expand our manufacturing capacity to keep up with demand from our customers.
Having looked at numerous possibilities overseas we decided to stay in –Scotland, and in our home town of Dumbarton. By investing over £22 million, we have built a state-of-the-art facility which should cater for our needs for many years to come. We are honoured that the Prime Minister has taken the time to visit us and see a Scottish company which has rapidly grown employment and exports by making large capital investments in new fleet and facilities.”
The new site consists of a 165,000 square feet production building and 25,000 square feet of office space, built to a bespoke design to meet the requirements of the company’s manufacturing processes. Specific equipment on site includes six overhead cranes, each capable of lifting 32 tons. There is also high voltage cabling and switchgear providing the capability of exporting up to 7MW of waste electricity from the testing process back into the grid.