US Investment Provides Job Security For Scottish Workers

3 April 2017, 06:41

USA

Three US companies are investing £6.3 million in Scotland, creating or safeguarding more than 40 jobs, the Scottish Government has announced.

The announcements from Spiritus Partners Limited, ION Geophysical Corporation (IGC) and PPS UK have been welcomed by First Minister Nicola Sturgeon at the start of her week visiting the United States.

Data analytics firm Spiritus is investing £3.4 million in a new programming and development centre in Scotland focused on medical safety innovation. Twenty-three jobs will be created - 20 of them highly-skilled positions.

A new £1.5 million research and development project by IGC is aimed at revolutionising the management of operations around offshore oil and gas installations, while Glasgow life sciences research facility PPS UK has announced a £1.4 million investment.

The companies have been supported by grants from Scottish Enterprise totalling more than £1.5 million.

Ms Sturgeon said: ''The United States is Scotland's biggest source of inward investment and, in the wake of Article 50 being triggered and the risk of a hard Brexit, it is vital we continue to build on the success of our current business relationship with the US.

''Scotland remains open for business and I'm delighted these companies have chosen to expand here and it further demonstrates our position as a prime location for inward investment.''

Lena Wilson, chief executive of Scottish Enterprise, said: ''Spiritus Partners Limited, ION Geophysical Corporation and PPS UK are all fantastic examples of US companies recognising the benefits of Scotland's top talent and effective business environment.''

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