Siemens will open a £27m 3D printing factory in September that will be used to manufacture parts for a range of industries including aviation, automotive, power generation and motor sports.

The new facility will be built in Worcester and increase the German industrial giant’s fleet of 3D-printing machines from 15 to 50 over the next five years.

The plant will also see 55 “high quality” jobs created, including engineers, metallurgists and manufacturing specialists.

Juergen Maier, Siemens UK CEO, said: “This significant investment underlines our belief that there is huge potential for innovation and growth within the additive manufacturing sector.

“It is also the next step towards achieving our ambition of pioneering the industrialisation of 3D printing and demonstrates how we are leading the way for the fourth industrial revolution.”

The new facility will be situated in the Worcester Six Business Park Development and replaces an older factory in the same city.

Government minsters - keen to show Britain can still attract investment despite the economy stalling and businesses relocating to the EU because of Brexit - pounced on the announcement.

Business Secretary Greg Clark said: “Britain has a proud manufacturing heritage and through our Industrial Strategy the government has set out a vision and plan that will build on this strength and create an environment that enables manufacturers to continue to thrive.

“The investment being made by Siemens into UK advanced manufacturing demonstrates the confidence businesses have in the strategy.”

Maier recently led the Made Smarter review for government on behalf of industry in the UK.

The in-depth review, which forms part of the UK industrial strategy, called for much greater national investment in additive manufacturing, arguing that it will significantly boost industrial productivity and create new highly skilled jobs.

This news comes days after consumer good giant Unilever said it was ditching its UK headquarters in favour of the Netherlands, while a steady stream of City banks shift operations to the EU in light of Brexit.

Earlier this month, Siemens announced plans to construct a £200m state-of-the-art train factory in East Yorkshire.

Siemens’ investment in the UK comes despite comments from Maier before the Brexit vote where he warned that the UK tech sector would be damaged if the leave vote prevailed.