James Dyson reveals that his company’s new global headquarters will be a nightclub in Singapore
James Dyson reveals that his company's new global headquarters will be a nightclub in Singapore and a former power plant after the pro-Brexit inventor announced he would leave the UK
- Dyson announced a move to Singapore in January, which led to hypocrisy
- The company has now revealed that the new headquarters will be a former power plant from the colonial era
- The red brick building will be renovated and opened as the new Dyson headquarters in 2021
Dyson has chosen a former nightclub and power plant as the location for the new global headquarters in Singapore, as founder Sir James Dyson leaves Britain despite his vocal support for Brexit.
Sir James announced the move to Singapore in January, leading to claims of & # 39; disconcerting hypocrisy & # 39; against the billionaire.
The tech company announced the latest phase of the move and said that the St James Power Station in the colonial era will be renovated and opened in 2021 as a Dyson headquarters.
The red brick building was Singapore's first coal-fired power plant when it was opened in 1927 and designated as a national monument. More recently it was a warehouse and entertainment complex.
New home: the former St James Power Station in Singapore – more recently a nightclub – becomes the new global headquarters for Dyson
Party location: Party goers in the former St James Power Station in 2006, after the site had become an entertainment complex
& # 39; The historic St. James Power Station will be a very inspiring background for the people of Dyson, & # 39; said Jim Rowan, CEO of Dyson, adding that after 12 years the company has outgrown its current location in the city state.
& # 39; It will be a hive for our research and development efforts, as we focus on major technological breakthroughs. & # 39;
Dyson will move into the site in 2021, once the 110,000 square meter building has been renovated.
Since the announcement of his move to Singapore, Sir James has purchased Singapore's most expensive apartment and a luxury home with a covered waterfall in a property.
However, the company has abandoned plans to produce electric cars in Singapore and said the project was not commercially viable.
The company's relocation to Asia means that Dyson is no longer a UK registered company and Singapore will become the main tax base.
On the move: Sir James Dyson (photo) announced the move to Singapore in January, triggering claims of & # 39; disconcerting hypocrisy & # 39; against the billionaire
Old house: Dyson relocates its headquarters from its campus in Malmesbury, Wiltshire (photo) to Singapore
CEO Mr Rowan insisted when the move was announced in January that the switch from Malmesbury in Wiltshire to Singapore was not linked to Brexit.
& # 39; There are huge revenue opportunities in Singapore, China is the poster of & # 39 ;, he said.
However, the announcement sparked anger after Sir James' vocal support for the 2016 Leave referendum campaign.
Liberal Democrat Layla Moran said at the time: & This is amazing hypocrisy for James Dyson, the businessman who supports Brexit.
& # 39; It is completely unbelievable that Brexit's business face takes another part of his business from the UK.
James James Dyson can say what he wants, but he dumps Britain. This can only be seen as a voice of no confidence in the idea of Brexit Britain. & # 39;
Two of Dyson's senior executives will initially move to Singapore, with an increase in the number of employees in the coming years.
About 3,500 people work for Dyson in the UK, part of a workforce of around 12,000 worldwide. Relocation of the head office will not cut back, the company insisted.
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