[OFFICIAL]
‘Since 2017 Woodsmith has exceeded our previous projections on the scale of positive economic impact’
Exceeding expectations
1.13 Construction of the Woodsmith Project began in 2017, since then, it has exceeded our previous projections on the scale of positive economic impact 8 , assessed in 2014 - most significantly local job creation and local supply chain expenditure.
1.14 Since construction started, data gathered annually has shown that between 61 and 76% of the Woodsmith workforce to date live within approximately one hour of the site they work at.
8 As set out in the 2014 Economic Impact Report produced for the original planning application
Quod | Woodsmith Project | Economic Impact Report | March 2026
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