Hear from our investors on why you should invest in Hull.
We spoke to companies, organisations and educational institutions from across the UK about why they continue to invest in the city and its people.
Watch the video to hear why representatives from ABP, Absolutely Cultured, Allenby Commercial, Humber UTC, Ideal Heating, Reckitt Benckiser, Siemens, The Spencer Group, Wykeland think you should also invest in the true north.
Discover more reasons to invest in Hull here.
Ideal Heating is the UK’s leading heating specialist and the market leader in both the domestic and commercial sectors.
Ideal Heating has a UK workforce of 1,100, including 800 employees in the city. The company is currently delivering a £60m transformation at its Hull site to support the decarbonisation of heating in the UK, including new manufacturing, distribution, and research and development facilities.
Ideal Heating is part way through a five-year progamme of investment at its National Avenue headquarters in Hull, including a cutting-edge £12.5m UK Technology Centre, which is currently under construction.
This facility will serve as a hub for research and development in low carbon heating technologies, particularly heat pumps, supporting the drive to decarbonise homes and business premises.
In August last year, Ideal Heating launched its first UK heat pump production line at the Hull site, as part of its extensive investment into low carbon heating systems.
The company has been manufacturing many of the country’s best-selling boilers for over a century at its Hull site. Now the business is engineering green heating solutions to support the UK’s drive to net zero.
The development of the UK Technology Centre is supported by a Humber Freeport seed capital grant, to stimulate growth and create jobs within the region. The funding is also aimed at maximising opportunities from the net zero transition to unlock the region’s economic potential.
Ideal Heating enjoys a positive and collaborative relationship with Hull City Council and other local partners.
An example of this is a project being run in partnership by Ideal Heating and the city council to explore the benefits of living in a home with an air source heat pump, compared with a traditional gas boiler. The project is also supported by the Oh Yes! Net Zero campaign.
Formerly known as Ideal Boilers, the company has been committed to Hull since it was founded in the city in 1906. It has always seen Hull as the perfect place to conduct and develop its operations.
From taking boilers from basements to kitchens in the 1920s, through to introducing low-carbon heating technologies today, Ideal Heating has thrived in the city.
Ideal Heating benefits from operating within a city and region with one of the UK’s largest manufacturing workforces and skills bases. Recruitment and skills development is supported by Ideal Heating’s relationship with one of the country’s leading employer-led schools, Ron Dearing University Technical College (UTC). Ideal Heating is a Major Partner of the UTC.
Additionally, the University of Hull offers a strong supply of graduates qualified for engineering, technical and science-based roles with Ideal Heating.
Ideal Heating’s supply chain and distribution operations also benefit from Hull’s location at the heart of the Humber ports complex and easy access to the UK roads network.
