New Blade Mould Arrives at MHI Vestas Factory on Isle of Wight, Substantial Economic Boost Coming to the Solent Region is the MHI Vestas’s press release announcing that it has received its new blade mould on the Isle of Wight, starting major preparations are now underway to begin production as early as January 2019. As quoted in the press release, we provided an economic impact assessment for this investment. Our analysis concluded that, in addition to the 380 new direct jobs at the Isle of Wight blade factory and paint and logistics facility at Fawley, an additional 720 indirect and induced jobs will be added as a result of the company’s expansion effort. The same analysis concluded that the total economic impact would be £42 million additional value-add per year to the regional economy when the second mould is fully operational. Alun Roberts led our work on this project.
You can read the MHI Vestas Press release here: New Blade Mould Arrives at MHI Vestas Factory on Isle of Wight, Substantial Economic Boost Coming to the Solent Region