The Prime Minister is visiting Guildford today to make an announcement about a £44m deal at Alexander Dennis – the UK’s leading bus and coach manufacturer.
Theresa May will be at the company’s Slyfield-based factory this morning where she’ll tour the building before meeting staff.
The deal means iconic red double-decker buses will be built in Guildford to run in Mexico City.
Because of this, 320 jobs will be supported at the Guildford site.
Theresa May said: “We are building a truly global Britain by helping UK companies win multi-million pound contracts to export their products around the globe, and supporting high value jobs here in Guildford and across the country.
“Since last summer, the Government has provided over £1.7 billion of backing for contracts for goods and services and will continue to maximise investment in the UK and seek exciting new opportunities ahead.
“Seeing success stories like Alexander Dennis shows how Government support is backing British business and ensures the UK leads the way as a great, global trading nation.”
The deal will also support over 2,00 jobs across the UK, including around 1,000 at the company’s Falkirk site.
Alexander Dennis is one of 137 British companies that have recieved a combined £1.7 billion of financial backing from UK Export Finance since it became part of the Department for International Trade.
It is hoped this will help them to expand their business, provide jobs and secure major global contracts.
Alexander Dennis LTD Cheif Executive, Colin Robertson said: “It is hugely exciting to know that ADL’s signature red double-decker buses will soon be transporting Mexico City’s residents in style and comfort.
“As a global double-decker leader with fleets of our vehicles across the world, we see the positive impact these vehicles can have in improving the transport infrastructure, congestion and air quality in the world’s busiest cities.
“Our ability to offer finance from UK Export Finance in Mexican Pesos was a significant benefit to our buyer, helping us win this major contract.”