Sydac, a leading company in developing and supplying technological solutions for train driver simulation and training systems, recently announced that they have chosen Derby as a location for their permanent UK office to support their growing client base in the UK and across Europe.

With support from the Inward Investment teams at East Midlands Economics Online (EMEO), Derby and Derbyshire Economic Partnership (DDEP), and Derby City Council in identifying an appropriate site and introducing the company to key supply chain contacts, Sydac is set to create 26 new jobs in the next three years with an active training exchange giving new staff the chance to gain experience in Australia and the UK.  The Australian-owned company also aims to channel around £0.5 million of business per annum through local supply chains in the surrounding area.

Inward investment plays a vital part in bringing high-quality, well-paid and interesting jobs to the region.  Attracting companies like Sydac to invest in the East Midlands is essential in stimulating the economy.

David Wallace, EMEO’s International Director, commented:  “We’re extremely pleased that Sydac has chosen Derby as its UK base.  The city has existing strengths in the rail industry sector with world-class companies like Bombardier already having an important presence.  The forthcoming development of the UK Rail Centre in Derby is a further example of how the city is a focal point for today's UK rail industry, where some of the most advanced products, systems, services and technologies in the world will continue to be showcased.”

He added:  “Transport equipment is one of four priority sectors identified in the Regional Economic Strategy which are likely to make the greatest contribution to the East Midlands’ economy over the next decade.  Having Sydac in the region will play an important part in helping us to achieve our vision of a flourishing region by 2020.”

Along with providing site information and arranging regional visits, another key priority of the Inward Investment teams is to introduce companies considering investing in the region to key intermediaries (e.g. lawyers) and also to arrange meetings with local partners.  This helps to ensure that the East Midlands benefits from every aspect of a new investment.

Paul Williamson, Business Development Manager at Sydac, said:  “The help we received from EMEO, DDEP and Derby City Council was fundamental to the company’s decision to set-up in Derby.  We’ve already established a good customer base across the South East of England and in Scotland, and having a base in the East Midlands will offer us a central location and good effective communication links to further increase our business prospects.”

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