What's Happening?
WH Davis, the UK's only independent railway wagon manufacturer, is expanding its workforce by 25% after securing a €44 million export contract to supply 150 freight wagons to Iarnród Éireann in Ireland. This marks the company's first export in 20 years. The expansion will create 20 new jobs at its Shirebrook site, supported by UK Export Finance's Bond Support Scheme. The contract is part of a 10-year framework agreement, with potential to increase the total number of wagons supplied to 400. Deliveries are set to begin in summer 2026.
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Why It's Important?
The export deal signifies a major milestone for WH Davis, highlighting the strength of UK manufacturing in the international market. The expansion will boost local employment in Shirebrook, a former mining village, contributing to economic growth and providing skilled jobs. The deal also underscores the role of government-backed finance in supporting UK exporters, enabling them to compete globally. The new wagons will enhance Ireland's freight capacity, offering faster and more efficient transportation solutions.
What's Next?
WH Davis plans to explore additional markets across Europe and internationally, leveraging UK Export Finance's support to expand operations. Discussions for a second phase of the contract are underway, with potential for further product development and export expansion. The company's success aligns with the UK government's Plan for Change, aimed at boosting economic growth and supporting businesses to export and expand.
