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OurWorld…passionate about business21-Nov-08
Welcome to UK Trade & Investment today

US firm named in Scottish move

The former Hyundai plant in Dunfermline is set to be taken over by a US high-tech firm.

Zoom Diversified, an American company which specialises in development solar energy technology, could benefit from a funding package from the Scottish Government, according to the Dunfermline Press.

Up to £20 million in regional selective assistance grant funding could be awarded to the firm, which would create a potential 1,000 jobs in the local area due to the move.

Zoom revealed the inward investment funding would be used in its research and development operations at the facility, if awarded by the Government.

'

It's very encouraging that this is a hi-tech company involved in an industry of the future

Willie Sullivan

Local Councillor

Scotland

'

Willie Sullivan, Local Councillor, told the newspaper: "It's very encouraging that this is a hi-tech company involved in an industry of the future.

According to the Scottish Development International, there are a variety of benefits for energy firms looking to relocate in the country.

The UK’s commitment to save the environment

Read more about the UK’s Environment & Renewable Energy sector

The organisation points to Scotland's range of natural resources, the infrastructure set up to support research and development and the number of graduates trained in engineering, science and technology.



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