Korea sees Edwards expand

Vacuum pump company Edwards shrugged off its failed London float attempts yesterday with the opening of a new manufacturing site in South Korea. Business secretary Vince Cable and British ambassador Martin Uden took part in the opening ceremony yesterday, as part of Cable’s tour around the country to meet with government ministers and UK companies ahead of an EU free-trade agreement coming into force in July. Edwards hopes to double its headcount in Korea to 700 in the next year.