Latest news with #KnaufInsulation
Yahoo
20-05-2025
- Business
- Yahoo
Knauf Insulation to invest $225.7m in new manufacturing facility in North Wales
Manufacturer Knauf Insulation has announced a £170m ($225.7m) investment for constructing a new manufacturing facility in Shotton, North Wales, UK. The plant will produce over 100,000 tonnes (t) of noncombustible rock mineral wool insulation annually, with additional employment opportunities in local supply chains. This development is expected to create around 140 direct jobs. The investment aligns with ongoing discussions at the UK-EU summit focused on economic growth and is supported by the UK and Welsh governments, as well as local leadership. The North Wales Growth Deal and the Flintshire and Wrexham Investment Zone have been instrumental in securing Knauf Insulation's commitment to the region. Knauf Insulation's expansion in North Wales will enhance the advanced manufacturing cluster in the area. The Shotton facility will be constructed on land bought from Tata Steel's Deeside operations, about two miles from the Queensferry facility of Knauf. Subject to planning and environmental clearances, construction of the Shotton facility is expected to commence in 2026, with production aimed for late 2027. UK Secretary of State for Wales Jo Stevens said: 'This £170m investment by Knauf Insulation is fantastic news for North Wales and our UK government mission to drive economic growth. 'This is a vote of confidence in the Welsh economy and our government's plan to make Britain the destination of choice for investment in industry.' Knauf Insulation Northern Europe managing director Neil Hargreaves said: 'Knauf Group has a proud history of manufacturing in Wales and this project aligns with the Welsh and UK government's commitment to sustainability and the industrial vision for North Wales and Deeside. 'Using UK-first Submerged Arc Furnace technology, the new factory will produce noncombustible, low embodied carbon, recyclable rock mineral wool insulation to support the need for safer, more energy-efficient and sustainable buildings.' Knauf Insulation provides a range of insulation solutions for all applications in commercial and residential buildings. In the broader context, the UK's Labour government committed to making decisions on at least 150 infrastructure projects and building 1.5 million homes as part of its 'Plan for Change' initiative last December. "Knauf Insulation to invest $225.7m in new manufacturing facility in North Wales" was originally created and published by World Construction Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Wales Online
19-05-2025
- Business
- Wales Online
New £170m insulation factory in North Wales will deliver 140 jobs
Our community members are treated to special offers, promotions and adverts from us and our partners. You can check out at any time. More info Flintshire has been named as the site for a new £170m factory making rock wool insulation products. Global manufacturer Knauf Insulation is to invest in a second manufacturing facility in Deeside. The state-of-the-art site in Shotton is expected to create around 140 jobs, with more in local supply chains. The development will produce more than 100,000 tonnes of non-combustible rock mineral wool insulation each year. It will be the first site in the UK's to incorporate a Submerged Arc Furnace (SAF), a specialised electrical heating system that has the potential to decarbonise energy-intensive rockwool production. The move signals Knauf Group's confidence in the future growth of mineral wool markets in the UK and northern Europe. For its new plant, the company had scouted UK sites before opting for Flintshire. Knauf already has a site on Deeside, having operated its huge Chemistry Lane plant in Queensferry since the mid 1980s. The company's announcement coincides with the UK-EU Summit taking place in London today (Monday, May 19). UK ministers are hosting the talks in the hope closer trading ties can be agreed with Europe. Neil Hargreaves, managing director of Knauf Insulation Northern Europe, said: 'Knauf Group has a proud history of manufacturing in Wales and this project aligns with the Welsh and UK Government's commitment to sustainability and the industrial vision for North Wales and Deeside. 'Using UK-first SAF technology, the new factory will produce non-combustible, low embodied carbon, recyclable rock mineral wool insulation to support the need for safer, more energy efficient and sustainable buildings.' Join the North Wales Live Whatsapp community now Knauf Insulation is the UK's largest insulation manufacturer. Founded in 1979 as a US subsidiary of German building materials giant Knauf Group, the firm employs more than 6,000 people worldwide, including 600 at its three UK manufacturing plants in Cwmbran, St Helens and Queensferry. Last week Knauf Insulation hosted a ceremonial ground-breaking event at the company's new Shotton site. Among those taking part was Ken Skates, cabinet secretary for transport and North Wales, who said the firm's commitment to Deeside was 'great news' for North Wales. He added: 'The plans will be a major investment in the area and are a testament to the skills and facilities we have here.' Sign up for the North Wales Live newsletter sent twice daily to your inbox Knauf began scouting for a suitable site for its SAF development last year. Supporting Shotton's case were local leaders and the Welsh Government. The decision to locate a second plant in the area has been welcomed by the North Wales Growth Deal, and the Flintshire and Wrexham Investment Zone Wales Secretary Jo Stevens said the investment underscored the UK Government's commitment to economic growth through its Plan for Change - the six 'milestones' Labour wants to be judged upon at the next election. She said it was 'fantastic news' for North Wales, adding: 'This is a vote of confidence in the Welsh economy and our government's plan to make Britain the destination of choice for investment in industry.' Find out what's happening near you
North Wales Live
19-05-2025
- Business
- North Wales Live
New £170m insulation factory in North Wales will deliver 140 jobs
Flintshire has been named as the site for a new £170m factory making rock wool insulation products. Global manufacturer Knauf Insulation is to invest in a second manufacturing facility in Deeside. The state-of-the-art site in Shotton is expected to create around 140 jobs, with more in local supply chains. The development will produce more than 100,000 tonnes of non-combustible rock mineral wool insulation each year. It will be the first site in the UK's to incorporate a Submerged Arc Furnace (SAF), a specialised electrical heating system that has the potential to decarbonise energy-intensive rockwool production. The move signals Knauf Group's confidence in the future growth of mineral wool markets in the UK and northern Europe. For its new plant, the company had scouted UK sites before opting for Flintshire. Knauf already has a site on Deeside, having operated its huge Chemistry Lane plant in Queensferry since the mid 1980s. The company's announcement coincides with the UK-EU Summit taking place in London today (Monday, May 19). UK ministers are hosting the talks in the hope closer trading ties can be agreed with Europe. Neil Hargreaves, managing director of Knauf Insulation Northern Europe, said: 'Knauf Group has a proud history of manufacturing in Wales and this project aligns with the Welsh and UK Government's commitment to sustainability and the industrial vision for North Wales and Deeside. 'Using UK-first SAF technology, the new factory will produce non-combustible, low embodied carbon, recyclable rock mineral wool insulation to support the need for safer, more energy efficient and sustainable buildings.' Join the North Wales Live Whatsapp community now Knauf Insulation is the UK's largest insulation manufacturer. Founded in 1979 as a US subsidiary of German building materials giant Knauf Group, the firm employs more than 6,000 people worldwide, including 600 at its three UK manufacturing plants in Cwmbran, St Helens and Queensferry. Last week Knauf Insulation hosted a ceremonial ground-breaking event at the company's new Shotton site. Among those taking part was Ken Skates, cabinet secretary for transport and North Wales, who said the firm's commitment to Deeside was 'great news' for North Wales. He added: 'The plans will be a major investment in the area and are a testament to the skills and facilities we have here.' Sign up for the North Wales Live newsletter sent twice daily to your inbox Knauf began scouting for a suitable site for its SAF development last year. Supporting Shotton's case were local leaders and the Welsh Government. The decision to locate a second plant in the area has been welcomed by the North Wales Growth Deal, and the Flintshire and Wrexham Investment Zone Wales Secretary Jo Stevens said the investment underscored the UK Government's commitment to economic growth through its Plan for Change - the six 'milestones' Labour wants to be judged upon at the next election. She said it was 'fantastic news' for North Wales, adding: 'This is a vote of confidence in the Welsh economy and our government's plan to make Britain the destination of choice for investment in industry.'
