Last year we reported on ‘a growing phenomenon’ of investment projects linking the East Coast of the United States and Berkshire. This year we can report on these continued links with additional, new, investment and expansions from foreign-owned companies with their global HQs based along......
USA East Coast
East-Coast companies are increasingly targeting international expansion as a means for strategic growth. Within close-proximity of London – but without the cost – and west of Heathrow Airport (with 39 weekly direct flights to Boston), informed investors are drawn to the UK’s science and technology hub as their destination of choice.
The Boston to Berkshire Phenomenon
First reported in the financial year 2016/17, since being strengthened by growing links in 2017/18, sustained levels of inward investment to the Thames Valley have been seen from companies based in the greater Boston/Cambridge area.
Our two regions have particularly strong synergies in the technology and life sciences sectors, with the Thames Valley, located within the life sciences ‘Golden Triangle’, and the US’s rapidly-growing BioPharma ecosystem, centred on Boston, having many commonalities.
Lambert Smith Hampton
Lambert Smith Hampton’s (LSH) ‘Stop Guessing, Start Knowing’ philosophy to support businesses secure the right property is combined with the power of being one of the UK’s largest commercial property firms, operating across the Thames Valley, including in Maidenhead, Oxford and Reading.
LSH are an integral part of the region’s ‘soft-landing’ team, with close association to US Real Estate Advisors and offices in Boston and New York, as well as two locations in California (Palo Alto and San Francisco). This partnership is an invaluable connection and effective business solution for many East-Coast companies looking at the Thames Valley as a place to set-up their UK operation.
Read more, HERE.
Why choose the Thames Valley
Hear from Mark Sears, Founder and CEO of CloudFactory – who are headquartered in Durham, North Carolina, on why to choose the Thames Valley.
Specific East Coast companies locating and growing in the Thames Valley
Those recorded making the journey most recently from Boston to Berkshire speak volumes; they include over twenty new investment or expansions.
From the Greater Boston region:
Across the East Coast, these also include:
Case Study: Seqirus
Seqirus, a global innovator in influenza vaccines, head-quartered in Holly Springs, North Carolina, has expanded its global headquarters in Maidenhead to support its rapid growth. It has outgrown its original offices – opened three years ago by constituency MP and Prime Minister Theresa May – due to its continuing global expansion.
Over the past two years, the number of employees at Seqirus headquarters has doubled to over 220 staff. Expansion in Maidenhead follows announcements of major new investments in the company’s Liverpool manufacturing plant – one of the largest in Europe – and at its Holly Springs production site in North Carolina, U.S. In total, Seqirus plans to add up to 200 new jobs in the UK to its current workforce of 900 over the next two years.
Read the full article, HERE.
News articles from USA East Coast
- 29Aug
- 15Aug
Inward investment from businesses based in the Boston/Cambridge area into Berkshire has experienced a ‘mini-spike’ this past year. A one-off, or a growing phenomenon based on sector strengths and synergies? During 2016/17 the Department for International Trade (DIT) and Thames Valley Chamber of Commerce (TVCC)......