Kenmark to open factory in Britain with creation of 500 jobs
by Kay Murchie
The recession has had a major impact on the job market with companies firing rather than hiring but today Taiwanese company Kenmark, which makes LCD televisions, has announced it is to open a factory in Corby, Northamptonshire, with new jobs up for grabs.
Corby will act as the company’s Eurohub and will create 500 jobs over a three-year period and represents the largest single new investment in the UK from Taiwan.
The company chose the East Midlands for its European manufacturing and distribution hub following support from East Midlands Development Agency (Emda), its sub-regional partners and UK Trade and Investment’s (UKTI) Taipei-based team.
Business Minister Pat McFadden described the announcement as “good news for the East Midlands and the UK.”
“The UK is not only the sixth biggest manufacturing nation in the world but also a major European market of over 60 million people,” added McFadden.
Meanwhile, Kenmark chairman James Hwang added: “The location is ideal and provides Kenmark with a base from which to continue our growth while providing the local community with diverse and secure employment opportunities.”
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