Mulberry, the Chilcompton based handbag manufacturer, has stated their intention to construct a new factory which will create another 250 new jobs in Bridgwater, Somerset which may open at the end of 2013.
The scheme is estimated to cost around £7.5m, although this is being assisted with a £2.5m input from the Government’s regional growth fund which has been introduced to stimulate private sector growth within the UK, where a spokesperson advised that without the grant the project would not have been viable.
Once complete, the factory is expected to produce 140,000 handbags per year, mainly for export.
Chairman and Cheif Executive of Mulberry Group plc, Mr. Godfrey Davis, has stated that he is ‘delighted’ to receive the grant and added, “As a British luxury brand we want to grow our manufacturing base in this country and ensure that our continuing success supports the broader economy.”
The director for regeneration at Sedgemoor District Council, Doug Bamsey, commented that he was “very pleased” with the outcome and “I think it demonstrates that this is a choice location for those seeking a good quality skilled workforce which is what we’re very much about in Sedgemoor and Bridgwater.”
The newly created jobs at Mulberry will be mainly hands-on within the production line.
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