Jobs boost as high-end manufacturer sets up in Sheffield

Dymag, a producer of state-of-the-art performance wheels used on some of the top performance vehicles in the world is considering a number of sites in and around the city.

Located in Wiltshire, Dymag designs and manufactures lightweight carbon composite hybrid and full carbon wheels for cars and motorcycles.

Chris Shelley, CEO of Dymag, said: “The technology is now starting to move into mainstream vehicle production having been developed and proved in advanced supercar applications.

“At present wheels are produced in relatively small run numbers of hundreds per month. We are ready to deliver on a plan to scale up production to thousands per month. The planned increased capacity will also drive prices down rapidly, bringing them towards economic viability for all passenger vehicles.

Dymag’s aftermarket wheels are designed and manufactured to internationally recognised standards and are fitted to vehicle brands including Ferrari, McLaren, Porsche, Lamborghini and JLR’s Jaguar F-Type.

The firm is planning to raise an additional £5m of growth capital in the next year.