Major firms for town
Hoping to follow in footsteps of Rolls Royce
TWO “major companies” are set to join Rolls Royce and move into Loughborough’s new science park, according to the university’s vice chancellor.
Professor Robert Allison was the guest speaker at the latest SARG (Storer and Ashby Area Residents’ Group) meeting and spoke of plans for the future of the university - including what is in the pipeline for the Loughborough University Science and Enterprise Park.
TWO “major companies” are set to join Rolls Royce and move into Loughborough’s new science park, according to the university’s vice chancellor.
Professor Robert Allison was the guest speaker at the latest SARG (Storer and Ashby Area Residents’ Group) meeting and spoke of plans for the future of the university - including what is in the pipeline for the Loughborough University Science and Enterprise Park.
He said: “Many of you may remember the closure of AstraZeneca and how many parts of the town were left looking very tired and there was lots of empty properties.
“We opened the innovation centre - which is completely full now and now we’ve got to go through the planning permission process as two companies have explicitly said they want to come to Loughborough.
“One of the buildings is to be over 3,000 square metres in the area of pharmaceuticals. That means new jobs will be coming to Loughborough.
“Another one, which is under negotiation still, is confidential.
“But I’m confident by the end of this year we will announce two major companies coming on to that site. growth“It Prof will Allisonand be for good jobs.”also for spoke economicof the collaborationRoyce and the university,between whichRolls was announced last year and how a dedicated building, The National Centre of Excellence in Gas Turbine Combustion System Aerodynamics, is to be built in the future.
He said: “Rolls Royce are moving to Loughborough and that will mean more significant growth in jobs in town.
“As you come off Ashby Road, you will be able to see the Rolls Royce logo once the building is up
“Some of the Rolls Royce Trent Engine was actually invented at the university. decidedment “And for now researchfuture Rolls enginesand Royce develop- shouldhas take place at the Enterprise Park. “It is to be a collaboration between Rolls Royce and the university, and the Government has invested £10.5m in the centre. “It is to bring money to the town and Rolls Royce is a blue chip company. “For Loughborough to be assisting with this I hope you agree is a good thing.” The university states preliminary work began on the facility in August and it is expected the cen.tre will be operational in early 2018. The centre is to include new laboratory and office space.