The 9,000 square metre state-of-the-art building (PICTURED) on Derby Road, at the south entrance to the University of Nottingham’s Jubilee Campus, has been built to host world-leading research groups involved in advanced manufacturing technologies related to automation, precision manufacturing, 3D printing and lightweight composite materials. It is part of the University’s Faculty of Engineering.
Costs of the project were met by £18.1m from the University of Nottingham, £5m from the D2N2 Local Enterprise Partnership’s Local Growth Fund allocation and £1m from educational charity The Wolfson Foundation.
D2N2 is the private sector-led partnership of business, local authorities, skills and training providers, and community and voluntary organisations which promotes economic and jobs growth across Derby, Derbyshire, Nottingham and Nottinghamshire. Its funding resources includes an allocation of more than £200m from the Government’s Local Growth Fund, used to part-fund infrastructure projects in its area which directly help grow the economy.
It is anticipated the Advanced Manufacturing Building will create dozens of jobs in its first five years; as well as proving a huge help to manufacturing businesses in the LEP area and beyond, with expertise to address their technical issues and aiding them in the creation of new products.
Chris Jagger, Chief Estates and Facilities Officer at the University of Nottingham, said: “This pioneering project delivers a fantastic addition to the University’s portfolio of unique and groundbreaking buildings, and it further enhances the continued growth of our Jubilee Campus.”
Sajeeda Rose, Senior Manager for Growth Deals and Capital Programmes at the D2N2 LEP, added: “The new institute will align with the Government’s desire for a new Industrial Strategy in key sectors such as advanced manufacturing and, with the ambitions of D2N2’s own programmes, enable area companies to innovate, create new products and grow.”
For more on how the D2N2 Local Enterprise Partnership is using its Local Growth Fund allocation to support its area’s economy see web link www.d2n2lep.org/Local-Growth-Fund
Further information about this media release can be obtained from D2N2 Communications Manager Sean Kirby on 0115 957 8749 or email: firstname.lastname@example.org