Shane Croucher

CSR Corporation Ltd President Changhong Zheng performs the ceremony, watched by Dynex’s Dr Paul Taylor

A Lincoln-based technology company is creating 30 new jobs as it completes work on a £12 million production line.

Dynex Semiconductor, which already employs 295 people in the area, held a ceremony in celebration.

The business hosted a Chinese delegation from its parent company, the Asian train technologists CSR Corporation of China.

A new office block next to its existing factory will be built, housing around 60 workers, who are mainly high technology engineers in the Research & Development Centre.

There’s an opportunity arising for local construction companies, as the building contract is yet to be awarded.

The company’s products are key to a wide range of industries, including rail transportation, electric vehicles, wind power generation, solar power, electric power grids and high voltage power conversion.

These products will be made in Lincoln and also in China. It is expected that CSR Corporation will be a major user of these components for domestic applications in China.

Changhong Zheng, President of CSR Corporation of China, said: “I am very pleased to confirm the construction of this new R&D Centre building for Dynex as tangible evidence of CSR’s confidence in a prosperous future for the semiconductor business in Lincoln.”

Dr Paul Taylor, Dynex President and Chief Executive Officer, said: “It was an honour to welcome Mr Zheng and the distinguished guests to Dynex Semiconductor.

“Their visit marked a key milestone in the development of our semiconductor business towards realising our joint ambition of becoming a leading global high power semiconductor business.”

An LCDP carnival was held in the Arboretum in April to promote community cohesion in Abbey Ward

A Lincoln charity is getting a £115,000 boost from the government.

The Lincoln Community Development Worker Project (LCDP) got the cash from the government’s Transition Fund.

LCDP is a community development organisation that works across Lincolnshire, supporting people to identify and develop initiatives that improve their quality of life socially, economically, environmentally and through learning.

This fund is a pot of cash reserved for charities that lose out because of government cuts.

According to the fund’s website: “The Transition Fund will help civil society organisations which deliver high quality public services adapt to a different funding environment during a period when they are at risk from reductions in taxpayer funded income.”

Jeanne Bain, Chief Executive of LCDP, said: “The Transition Fund will enable us to look at what we do and identify opportunities for income generation. The Transition Fund will not pay for the delivery of the services.

“It will pay for the development, marketing and promotion of the work across the period of a year, identifying potential purchasers, partners, sub-contractors and building orders for services.

“The work will focus on three interlinked strands. Social cohesion, engagement and assets; chronic health condition awareness and management; and alternative strategies of workforce development.

“LCDP’s work is based upon working alongside people, finding out what it is they feel would improve their quality of life and developing opportunities to make this happen — this is the Big Society.”

Karl McCartney, Lincoln’s Conservative MP, said: “It’s great to hear that the Lincoln Community Development Worker Project, which assists people to find employment, reduce debt and undertake training, will receive £115,000 of funding.”

Photo: LCDP