Bondholder Derby City Council has signed a collaboration agreement with the D2N2 Local Enterprise Partnership and one of the world’s leading manufacturing research institutions.
Proposals have been approved to enable the University of Sheffield Advanced Manufacturing Research Centres (AMRC) to establish a new 50,000 ft2 base on Infinity Park which will be an extension of the iHub and allow more new technologies to be delivered regionally.
This will establish a new multi-million pound innovation facility at Infinity Park, the 100-acre manufacturing-focused commercial and technology site located next to the world headquarters of Rolls-Royce Civil Aerospace.
AMRC was established by the University of Sheffield in 2001 and has developed into a cluster of innovation centres focusing on the UK’s key engineering industries.
They recently helped secure more than £100m in inward investment to the Sheffield City region from Boeing, Rolls-Royce and McLaren and is looking to replicate its success with the new research centre at Infinity Park, which it hopes will attract firms seeking to develop new technologies to the city.
The agreement will support Derby City Council and D2N2’s bold strategy for improving the region’s economic growth, skills and jobs.
D2N2 is allocating £12.9million to Infinity from its Local Growth Fund allocation over six years to help improve infrastructure on the site.
Commenting on the agreement Councillor Martin Rawson, Cabinet Member for Regeneration and the Economy, said: “The iHub is a real beacon for innovation and growth and is now home to some of the most inspiring SMEs from across the UK’s planes, trains and automobiles sector. With Rolls-Royce and many other of high-tech companies in the area, it makes perfect sense to house the new innovation centre close by on Infinity Park.
“We hope that AMRC’s expertise for research and innovation, coupled with the city’s strong skills base, will reinforce Derby’s reputation as the go-to place for global manufacturing companies and act as a catalyst for attracting even more high-tech engineering and manufacturing companies to Infinity Park.”
Andrew Storer, CEO of AMRC’s energy centre, added:
“AMRC aims to build a world-class manufacturing base here in the UK. We have succeeded in making the Sheffield City Region a magnet for inward investment. Now, with the support of Derby City Council and D2N2 we hope to have the same impact here at Infinity Park.
“The new Derby facility has the potential for cross-sector activities, which we hope will enable us to expand our work into new areas of research.”