£170m for nuclear forgings

Posted on 16 Mar 2010 by The Manufacturer

Business secretary Lord Mandelson will tomorrow announce a £170m funding package for nuclear manufacturer Sheffield Forgemasters International.

The cash is to be used to buy a 15,000-tonne press to produce forgings for modern reactors which will make Sheffield Forgemasters International (SFIL) one of only a few global companies in the world to supply a necessary component to the nuclear industry – a key part of most countries’ low carbon strategies. The development…

This content is for subscribers only. Subscribe now for free to read the full article.