R&D in New and Innovative Steel Products

Funding has been approved for the creation of a new internationally competitive R&D and skills infrastructure facility that will support the development of new lightweight steel products and create the environment to develop the next generation of experts in this area.

R&D in New and Innovative Steel Products

Funding has been approved for the creation of a new internationally competitive R&D and skills infrastructure facility that will support the development of new lightweight steel products and create the environment to develop the next generation of experts in this area.

R&D in New and Innovative Steel Products

Funding has been approved for the creation of a new internationally competitive R&D and skills infrastructure facility that will support the development of new lightweight steel products and create the environment to develop the next generation of experts in this area.

Category: Advanced Manufacturing & Engineering, Growing Talent, Growth Deal
Funding: Local Growth Fund: £1 million, WMG and industry funding: £1 million

This project will operate in close collaboration with WMG’s Academy for Young Engineers. Activities will develop products to supply flagship businesses across a range of key economic sectors, including aerospace, automotive, marine, rail and energy. LGF funding is required to enable the purchase of key R&D equipment.

The facility aims to:

  • Support 30 businesses in developing new high-value steel products.
  • Safeguard 40 jobs initially within the businesses supported.
  • Create at least £3million in GVA within Coventry and Warwickshire by 2018.