Work has officially started on a brand new centre for advanced manufacturing in Nottingham – part-funded by the D2N2 Local Enterprise Partnership (LEP).
The Institute for Advanced Manufacturing, located at the University of Nottingham’s Jubilee Campus (NG8 1BB), will provide 9,011m2 of teaching space, laboratories, workshops and research facilities and will house almost 700 staff, students and researchers when complete. Building the Institute will cost around £23million, with £18.1m coming from the University of Nottingham and £5m from the D2N2 LEP’s Local Growth Fund.
D2N2 is the LEP serving the Derbyshire and Nottinghamshire area and works with businesses, local authorities, skills and training providers and community and voluntary organisations to grow its area’s economy, with the aim of creating 55,000 new jobs in ten years (2013-2023). As part of this mission, it has a £192m allocation of Local Growth Funding from Government, which is used for projects in its area which will help to create jobs, skills and attract investment.
The Institute of Advanced Manufacturing is one such project, and in September of this year, the D2N2 Infrastructure and Investment Board agreed £5m to help with its creation, which is set to be finished by the end of next year (2017).
It is anticipated that it 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.
David Ralph, Chief Executive of the D2N2 Local Enterprise Partnership, said:
“This will be a world-class facility to promote advanced manufacturing in the D2N2 LEP area and the wider economy.
“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; to enable area companies to innovate, create new products and grow.
“In addition, the University’s project will help the area attract talented people and retain skilled graduates.”
Professor Andy Long, Pro-Vice-Chancellor for the Faculty of Engineering at the university (pictured right), added:
“It will also house our flagship Rolls-Royce University Technology Centre for manufacturing technology. This faculty will allow for diverse engineering and science disciplines to collaborate and contribute to pioneering developments for a range of sectors including aerospace, automotive, marine, energy generation, food and drink, chemical products and pharmaceuticals, helping to underpin the economy at both a regional and national level.”
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