Advanced manufacturing to receive a £213m funding boost from Govt

Posted on 28 Feb 2013 by Tim Brown

Deputy Prime Minister Nick Clegg will join Business Secretary Vince Cable today (28 February) in Warwickshire to announce £213 million of joint Government and industry investment to strengthen UK advanced manufacturing supply chains.

The investment is designed to create over 11,000 new jobs and safeguard another 5,000. Over £73 million has been awarded from Round 2 of the Advanced Manufacturing Supply Chain Initiative (AMSCI) to 12 national supply chain projects, and a further £140 million will be invested by business. Examples of winning bids include the creation of…

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