# Wilkie to invest £50M and relocate to Michelin Scotland Innovation Parc in Dundee

Scottish textile firm Wilkie will become the majority shareholder of the Michelin Scotland Innovation Parc (MSIP) in Dundee, relocating its manufacturing operations from Kirriemuir and Forfar. The plan involves an estimated £50 million investment in infrastructure, technology and development, with a potential workforce increase to 600.

- Type: Investment
- Announced: 2025-01-11
- Where: Dundee, United Kingdom
- Value: $63.0M (50.0M GBP)
- Jobs: 600
- Status: announced
- Products: technical textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Wilkie](https://endata.com/companies/77995.md)
- [Scottish Enterprise](https://endata.com/companies/5303.md) (partner)

## Sources

- [scottishfinancialreview.com](https://scottishfinancialreview.com/2025/01/11/wilkie-takes-majority-stake-in-dundee-innovation-parc/), 2025-01-11: "The plan is set to deliver a potential increased workforce of up to 600 and an estimated £50 million investment in infrastructure, technology and development."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.