Sector - Finance & Legislation
Leeds company credits business growth to HS2
Leeds based company Soil Engineering has credited its 35% business growth to its role in HS2.
The company has seen a 35% business growth in 4 years, which it says, in part, thanks to its contract with HS2. The company is one of 2,000 across the country with links to high-speed rail.
Soil Engineering Geoservices Ltd has been investigating ground conditions for the line between Birmingham and London for the past four years. It is one of 90 companies based in Yorkshire taking part in the construction of HS2.
Managing Director of Soil Engineering Ltd Tristan Llewellyn said: “Since joining the HS2 supply chain we have completed multiple packages of works, enabling long term expansion of our business, and investment in our people and equipment. We’re very proud to have recruited several graduates from Leeds University as part of this expansion.”
“As work develops on HS2 from Birmingham to Manchester and Leeds we expect there to be even greater opportunities for businesses like ours, supporting growth and sustaining investment in upskilling our workforce, and cascading investment into our supply chain.”
It is estimated that at the peak of construction HS2 will support 30,000 jobs, with 2,000 apprenticeships on offer. HS2 bosses have promised further opportunities in the supply chain and associated businesses, with a potential for around 10,000 jobs surrounding the project.
HS2 Ltd bosses recently visited the company to see the work being done and visit the staff who are working on various parts of the operation, with bosses promising it was an example of the benefits for companies involved in the project. CEO Mark Thurston encouraged businesses in Yorkshire to become involved, promising opportunities ranging from engineering and design to catering and ecology.
Chair of the West & North Yorkshire Chamber of Commerce’s Transport Group, Sara Gilmore, also encouraged local businesses to seek out HS2 contracts. She also offered her support for the high-speed rail’s potential to connect economic centres in the North.
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