Tech giant Siemens is to move its Surrey-based UK headquarters to Manchester, creating 60 jobs in the city.
Its existing location in Manchester town Didsbury, opened 30 year ago, will now act as its new headquarters.
The firm said that the Frimley location in Surrey would continue to be a operate as an important location.
On the move, Juergen Maier, CEO of Siemens, said it supported the future strategic direction of Siemens’ industrial core business.
“Many of our customer and employee base are located in or near to Manchester, making it an ideal location for much of our operations,” he said.
Last month Maier announced that he would take an early retirement to redress his work-life balance.
Andy Burnham, mayor of Greater Manchester, said the move was a vote of confidence for the area.
“Our city region led the first industrial revolution, and this is yet another step forward as we look to lead the fourth,” he said.