Investment team heads for Houston

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Representatives from companies across the Sheffield City Region and the Local Enterprise Partnership have launched a bid to increase business and inward investment from the oil sector.

Tata Steel, oil and gas precision engineering specialist X-Cel Superturn and materials joining technology expert TWI are teaming up with Sheffield City Region Inward Investment at the Offshore Technology Conference, taking place this week in America’s oil capital, Houston, Texas.

The conference regularly attracts more than 80,000 delegates from businesses connected with the energy sector in more than 110 countries.

The team from Sheffield is hosting a ‘Spotlight on Sheffield City Region’ event, which will be opened by the British Consul General in Houston, Andrew Millar.

Local Enterprise Partnership (LEP) director of inward investment, Ellen Cutler, said: “Sheffield City region has a compelling inward investment offer because our business approach is tied to the region’s sophisticated supply chains, exceptional manufacturing base and unique collaborative culture.”

“I feel privileged to have the support from our industry and I look forward to working with all of the other City Region companies also attending the event.”

Mark Broxholme, managing director Tata’s South Yorkshire-based Speciality Steels operation, added: “Tata Steel is an international company and can choose where it invests, Sheffield City Region is a great place to be.

“The skills base and the platform this gives us for global business means we have invested over £35 million in the last three years.

“We have a strong commitment to the local business community and support the LEP to raise the profile of investment opportunities.”