simon_brooke,
@simon_brooke@mastodon.scot avatar

OK, folk, help me compile a list of failed "inward investment" projects across Scotland.

I'll start

Rootes Linwood
IBM Greenock
Singer Kilbowie
Stelrad Dalbeattie
Sun Linlithgow
NCR Dundee
Timex Dundee

I must have missed hundreds. Add your picks

brianbailey,
@brianbailey@mastodon.scot avatar

@simon_brooke Hyundai factory, Dunfermline.

simon_brooke,
@simon_brooke@mastodon.scot avatar

@brianbailey Tell me more about Hyundai in Dunfermline? This, I don't know about.

brianbailey,
@brianbailey@mastodon.scot avatar

@simon_brooke https://www.bbc.co.uk/news/uk-scotland-edinburgh-east-fife-11673919.amp

I remeber speaking to a Korean lad in the pub ,he was part of a team arriving to set up the factory ,he was adamant that there would be 3 units employing between 9-12 thousand people on site 😮Now the site is the new Carnegie campus replacing the college on the Halbeath Road along with Woodmill High and St Columba's High .

withaveeay,
@withaveeay@mastodon.scot avatar

@simon_brooke It may be a shorter list to try to think of "successful" inward investment projects.

Glencoe,
@Glencoe@mastodon.scot avatar

@simon_brooke Hewlett-Packard Erskine perhaps?

Also wonder what happened to Compaq?

Glencoe,
@Glencoe@mastodon.scot avatar

@simon_brooke Ahhh, HP took over the Compaq plant.

Wen,
@Wen@mastodon.scot avatar

@Glencoe @simon_brooke Compaq essentially did an internal takeover of HP - I know I worked for them at the time.

Wen,
@Wen@mastodon.scot avatar

@Glencoe @simon_brooke

Hewlett Packard is a sad basket case anyway. Worldwide. When Fiorina took over the helm, the company morphed from a relatively benign, innovative organisation that really did do more than just pay lip service to support for local economies and communities (it was in fact written into Bill & Dave’s comp[any objectives) to a growth/exec bonus organisation. Agilent Technologies (the remnant of what was) still invests and contributes.

Glencoe,
@Glencoe@mastodon.scot avatar

@Wen @simon_brooke I'd an HP Deskjet 500 printer for decades, it just kept going without issue. Was still working fine a couple of years ago when disposed of as downsized and nowhere to put it.

Wen,
@Wen@mastodon.scot avatar

@Glencoe @simon_brooke I still have an old LaserJet 5 - rock solid, 18 years old and still printing when I need it. I would never buy (or lease!) one of their newer ones. And I still have my name to a couple of patents that drive several of them…

researchbuzz,
@researchbuzz@researchbuzz.masto.host avatar

@Wen @Glencoe @simon_brooke

There have been plenty of valid complaints lately about Google's search results, but when I couldn't remember Carly Fiorina's name to reply to this thread, it came right through.

Wen,
@Wen@mastodon.scot avatar

@researchbuzz @Glencoe @simon_brooke She walked away with a golden parachute - and wasted much of the money trying to stand for the Senate (I think, that or Congress). Subsequent CEOs combine platinum hello's with the equivalent goodbye bonuses then they were turfed out

I met her a number of times (I was running a large labs program at the times), very personable, very shallow.

Wen,
@Wen@mastodon.scot avatar

@Glencoe @simon_brooke with a few mintes free while I wait for a battery to be charged, more thoughts on HP

The company invested in Europe - serious intellectual investment while Bill and Dave were in charge. Initially in Germany, then France and the UK with smaller investments across Western Europe. They started off a very serious HP Labs project in Bristol which attached a new and capable research facility to their Tape R&D and manufacturing group there. Italy was difficult - for reason /cont

Wen,
@Wen@mastodon.scot avatar

@Glencoe @simon_brooke Research was also distributed. It did mean that PhD level teams worked across continents. During my time there I worked with Ink and Laser groups in the US, services in France and regularly saw people from other labs visiting the R&D facilities as well from the US.

That all changed with Fiorina. Innovation was removed across the company which largely became a service provider or client of the US labs. All that contributed to the hollowing out of proper inward investment.

GlasWolf,
@GlasWolf@mastodon.scot avatar

@simon_brooke Difficult to define "failure", though. IBM were in Greenock for decades, so is that a failure because they no longer are?

Nonetheless you can have Chunghwa Picture Tubes - a factory set up to produce CRTs shortly before flat screens killed the sector stone dead.

peterbrown,
@peterbrown@mastodon.scot avatar

@GlasWolf @simon_brooke same with singer.

Clydebank was Singer’s flagship factory for the whole of Europe, just as IBM was in Greenock. Are these failures?

simon_brooke,
@simon_brooke@mastodon.scot avatar

@peterbrown @GlasWolf How many folk are Singer employing in Scotland now? How much tax do IBM employees pay in Scotland today?

They are outwardly divested, leaving rubble and waste. No one invests in a country they do not live in to put money into that country's economy; on the contrary, they seek to take money out. If they fail, and go bankrupt, we're worse off; if they succeed, and pillage us, we're worse off.

Inward investment is a lose-lose policy.

otfrom,
@otfrom@functional.cafe avatar

@simon_brooke does Michelin Dundee count?

simon_brooke,
@simon_brooke@mastodon.scot avatar

@otfrom Certainly does -- and thanks!

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