£6.85m nuclear win for Derby
The Government has agreed a £6.85m investment to help create a new permanent home for the Nuclear Advanced Manufacturing Research Centre on Infinity Park Derby, creating 70 new roles.
The scheme was submitted by Bondholder Derby City Council and supported by fellow Bondholder D2N2 Local Enterprise Partnership as a priority for the area and the investment follows yesterday's announcement of £12m towards the creation of the SmartParc.
Nuclear AMRC helps companies develop new techniques and processes to win work in the nuclear sector and tackle manufacturing challenges in automotive, rail, aerospace, renewable energy and other high-value sectors.
The site will also become a base for Bondholder the University of Derby’s Institute of Innovation in Sustainable Engineering.
Derby City Council Leader, Chris Poulter said the Government’s funding commitment was a huge vote of confidence in the city’s economic recovery strategy: “Throughout the past four months we have been doing all we can to support existing businesses but also looking at opportunities for the future – to diversify our economy, to improve our environmental credentials and to make Derby a brilliant place to live and work."