The government used today's ground-breaking ceremony by Rolls-Royce on the Advanced Manufacturing Park in Rotherham to announce an £80m investment package to keep the UK at the forefront of advances in aerospace and advanced manufacturing.
The package includes an investment of £25m, with business, led by Rolls-Royce, providing a further £40m, for a series of collaborative research and technology projects.
SAMULET II (Strategic Affordable Manufacturing in the UK through Leading Environmental Technology) will investigate new manufacturing processes aimed at increasing productivity and making the best use of resources.
Dr Cable said: "Our investment in manufacturing research and technology is a good example of Government and business working together to deliver growth.
"This type of research will help ensure the UK stays at the forefront of advanced manufacturing. That is particularly true in sectors such as aerospace where we have a world leading position - and are determined to keep it that way.
"The new factory that Rolls-Royce are building [in Rotherham] will create at least 150 highly skilled jobs which doesn't just mean good news for them but for our aerospace sector and the wider economy too."
The SAMULET programme will also involve extensive collaboration with The University of Sheffield Advanced Manufacturing Research Centre (AMRC) with Boeing in Rotherham.
Another boost for the AMRC is the announcement that the government will separately invest £15m in new capital equipment for the High Value Manufacturing Catapult - part of a Government backed network of technology and innovation centres - which will assist projects such as these across the advanced manufacturing sector.
Based on the AMP, The AMRC and the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC) are lead partners in the High Value Manufacturing Catapult.
Launched in Rotherham last year, the centre supports a number of industries and will commercialise business-led research and innovation that will help UK manufacturing businesses become more competitive on a world stage.
Iain Gray, Chief Executive of the Technology Strategy Board, said: "Innovation in advanced, high value, manufacturing is fundamental to our future success and is a major driver of economic growth.
"As the UK's innovation agency, the Technology Strategy Board has an important role to play supporting and encouraging innovative companies to develop breakthrough manufacturing technologies – technologies that are more efficient, more sustainable, and that can exploit new product and process opportunities.
"We also welcome the further investment in the HVM Catapult, which will expand its offering of cutting edge technologies available for UK companies large and small."
AMRC website
Images: amrc.co.uk
The package includes an investment of £25m, with business, led by Rolls-Royce, providing a further £40m, for a series of collaborative research and technology projects.
SAMULET II (Strategic Affordable Manufacturing in the UK through Leading Environmental Technology) will investigate new manufacturing processes aimed at increasing productivity and making the best use of resources.
Dr Cable said: "Our investment in manufacturing research and technology is a good example of Government and business working together to deliver growth.
"This type of research will help ensure the UK stays at the forefront of advanced manufacturing. That is particularly true in sectors such as aerospace where we have a world leading position - and are determined to keep it that way.
"The new factory that Rolls-Royce are building [in Rotherham] will create at least 150 highly skilled jobs which doesn't just mean good news for them but for our aerospace sector and the wider economy too."
The SAMULET programme will also involve extensive collaboration with The University of Sheffield Advanced Manufacturing Research Centre (AMRC) with Boeing in Rotherham.
Another boost for the AMRC is the announcement that the government will separately invest £15m in new capital equipment for the High Value Manufacturing Catapult - part of a Government backed network of technology and innovation centres - which will assist projects such as these across the advanced manufacturing sector.
Based on the AMP, The AMRC and the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC) are lead partners in the High Value Manufacturing Catapult.
Launched in Rotherham last year, the centre supports a number of industries and will commercialise business-led research and innovation that will help UK manufacturing businesses become more competitive on a world stage.
Iain Gray, Chief Executive of the Technology Strategy Board, said: "Innovation in advanced, high value, manufacturing is fundamental to our future success and is a major driver of economic growth.
"As the UK's innovation agency, the Technology Strategy Board has an important role to play supporting and encouraging innovative companies to develop breakthrough manufacturing technologies – technologies that are more efficient, more sustainable, and that can exploit new product and process opportunities.
"We also welcome the further investment in the HVM Catapult, which will expand its offering of cutting edge technologies available for UK companies large and small."
AMRC website
Images: amrc.co.uk
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