Rolls-Royce Extension Project Adds £3.1 Million to Local Economy in First Year
A massive construction project at Rolls-Royce's Goodwood headquarters injected over £3.1 million into the local economy in its first year, a new report shows.
£3.1 million
£500,000
115
What Happened
The landmark extension project at the Home of Rolls-Royce in Goodwood has generated over £3.1 million in local spending during its first year, according to a Social, Local, Economic Value (SLEV) report compiled by main contractor TSL. The spending supported local supply chain businesses and created 115 jobs in the area. Hotels near the site reported over £500,000 in new business, with some booked weeks in advance.
“The new extension at the Home of Rolls-Royce at Goodwood is a once-in-a-generation project that will enable us to build ever more extraordinary motor cars for our clients worldwide, safeguarding our business’s future and its immense contribution to the UK economy for decades to come. This new Social, Local, Economic Value report reveals that the presence of up to 700 tradespeople on site has broug”
£3.1 million
Includes supply chain and hotel business, as per the SLEV report.
- Up to 700 tradespeople working on site daily across more than 50 trades.
- Over 100 local supply chain jobs created (115 total).
- More than £500,000 in new business for local hotels in the first year.
- The new building is on schedule to be fully operational by 2029.
Why this matters
The £300 million extension is creating hundreds of jobs and boosting local businesses, securing Rolls-Royce's future production at Goodwood.
Terms in This Story
- SLEV report
- Social, Local, Economic Value report, a study assessing a project's community and economic impact.
- Bespoke
- Custom-built features tailored to individual customer specifications.
- Coachbuild
- Hand-crafted, one-off car bodies made to a client's unique design.
Summarised from the linked release; details can be imperfect — always verify against the original source.