A tradition of high quality manufacturing exists in the area, supported by a skilled and flexible workforce. The sector has evolved in recent years and there are some excellent and inspiring companies based in the region. Swansea University’s new Bay Campus opened in 2015 and is home to the College of Engineering as well as the School of Management, building on their already strong links with industry. The Bay Campus is also home to the Institute of Structural Materials, the Energy Safety Research Institute and a host of engineering research projects. Multinational companies working with the University’s College of Engineering include Rolls Royce, Tata Steel and BP.
Food and Drink
The region boasts a 50 acre food development park at Cross Hands, Carmarthenshire, the first centre of excellence for food technology in Wales. Despite other options, Irish company Dawn Group has twice expanded its facility and now occupies a 200,000 sq.ft food processing facility on 20 acres of the site.Cross Hands Food Park incorporates Incubator Food Production Units, is fully serviced for all major food processing activities and has full access roads in place.
Swansea Bay and its inspirational natural landscape is unsurprisingly a hotbed for creative talent. You’ll find many people working in creative businesses who have made the lifestyle choice to move here from London, or to stay here after attending University in the region, to be inspired and heave room to breathe, bringing excellence and creativity to the heart of Swansea Bay. Film, 3d animation and software development are areas that have seen a particular boost in recent times.
Life Sciences – Biotechnology, healthcare, pharmaceuticals
The Institute of Life Science (ILS), which opened in 2007, and ILS2, both based at Swansea University, are at the heart of the Life Sciences sector in Swansea Bay. They co-locate a range of inter-disciplinary research and development activities, including the Centre for NanoHealth (CNH), which works closely with business to deliver innovations in healthcare. Underpinning this innovative environment is a specialist business team, focused on building commercial-academic links and taking the advances from the laboratory into hospitals, surgeries and homes, helping to deliver further impetus to the knowledge economy in the region.
Swansea University, Abertawe Bro Morgannwg University Health Board and Hywel Dda University Health Board are part of a unique collaboration called ARCH (A Regional Collaboration for Health). ARCH is developing leading healthcare innovation which will benefit the entire population of South West Wales. ARCH will bring together industry, innovation, academic research and all health sectors to not only improve health and health care in South West Wales, but to drive inward investment and in turn boost the local economy.
Tourism and Leisure
Tourism in Swansea Bay has been on an upward growth trajectory for a number of years and attracts UK and global visitors in significant number, contributing over £390 million to the region. More than 5,910 tourism jobs exist in the region, employed in a diverse range of roles and businesses.
The area has a wide ranging accommodation offer, award winning restaurants and pubs, an array of castles, museums and galleries, renowned evening entertainment venues, top sporting action – including at Liberty Stadium, home to Premier League Swansea City FC the Ospreys regional rugby and the Wales National (50m) Pool Swansea – not forgetting the LC with its indoor water-park including one of the UK’s first indoor surf waves. Swansea has an award winning Blue Flag Marina and there many Blue Flag and Seaside Award beaches spread across the region. It’s a great place to be in the tourism industry whether you’re an existing business of just setting up.
ICT & Professional Services
There is a strong network of ICT & Professional Services companies within Swansea Bay. A recent arrival in the region is TechHub Swansea which provides a unique environment where technology startups can start up faster and is one of six globally. The aim is to nurture an international network of like-minded and focused tech entrepreneurs, providing places where they can work, meet, collaborate, network, learn and have fun.Major companies with a base here include HP, PWC, Admiral Group, HSBC and Lloyds TSB.