Siemens UK leased 67 acres of land in Goole to build a £200 million train factory.
The build will create some 250 construction jobs, and once opened the factory will employ 700 people in engineering and manufacturing roles.
It’s also estimated that a further 1,700 indirect jobs will be created further down the supply chain.
Juergen Maier, Chief Executive at Siemens UK, said: “We’ve said for some time that future success for Siemens in the rail industry would see us opening a rail manufacturing plant here and this announcement provides additional substance to those words.
“Having considered multiple locations in the UK, I’m delighted to confirm that we’ve identified a site in Goole for our new UK rail factory which not only has the potential scale we need for a facility of this size but also ready access to the skilled people we’d need to build and operate the factory.
“This investment has the potential to have a tremendous impact on the Yorkshire economy and the North of England as a whole, ensuring that the benefits of infrastructure spending are spread widely and helping to ensure the ongoing development of the UK rail industry.”
Andrew Percy, MP for Goole & Brigg, said: “This fantastic commitment from Siemens chimes perfectly with the vision we have for Goole 36 as a new centre for skilled engineering jobs locally.
“I am delighted that Siemens have chosen the Goole site and I will be continuing to work with Siemens and the government to bring this investment to fruition. This has the potential to be transformative for our area and for local young people. It also builds on Siemens’ other recent investment in East Yorkshire with their wind turbine facility in Hull.”