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Dyson to launch 100 products in four years
James Dyson, Founder and Chairman said: "Our growth is fuelled by technology and we are thinking long term. Ninety percent of our technology is sold abroad; we're quickly growing across Asia, and it's phenomenal to think that we are now number one in the home of technology - Japan. It is like selling coal to Newcastle. But we must relentlessly invent - that's why we are investing in our research footprint in the UK and investing in our manufacturing capabilities in South-East Asia."
The news comes as work begins on the first phase of a GBP250 million campus expansion in Malmesbury, which will create up to 3000 jobs. It will boost Dyson's external research programme with leading British universities in which it plans to invest GBP50 million over the next four years.
Environmentally friendly
The first new research building, due to open in early 2016, will house laboratories for research and development into future technologies. It will be constructed of an advanced, high-performance, structural glass system that reflects, so that it blends into its surroundings and internal heat gains can be managed. It will be heated using a ground source heat pump and powered by solar cells on the roof, making it carbon neutral and one of the most environmentally friendly commercial buildings in the UK.
To respond to international growth and increasing technology portfolios, Dyson has also invested GBP200 million in new facilities in South-East Asia to test, commercialise and manufacture its new technology. Four additional production lines have been built at Dyson's advanced motor manufacturing facility in Singapore, which will increase motor manufacturing capacity to 11 million motors per year.