South Yorkshire Mayoral Combined Authority (SYMCA) will partner with Lontra to support the new Smart Factory based in Doncaster, by providing a grant and loan package totalling over £7m through the South Yorkshire Renewal Fund*, with approximately £10m of private sector match funding by Lontra.
Mayor of South Yorkshire, Dan Jarvis MP MBE said:
“This is an exciting example of a UK innovator investing in South Yorkshire – further enhancing our reputation as a hub for advanced manufacturing. The new smart factory will play a significant role in developing our economic plan for a stronger, greener and fairer region. It will create hundreds of great new jobs, and boost our productivity and global exports.”
The partnership will contribute to the region’s growth, creating over 300 new jobs with more across the regional supply chain, operating Lontra’s global exports base for their energy saving compressor machine.
Here are where the cheapest fuel prices are today in Doncaster
Aldi increases pay for warehouse colleagues and boosts night premium payments
Doncaster Sheffield Airport: Crisis-hit site 'could close at end of October'
Lontra begins ramping recruitment for new £17m facility in Doncaster with 300 jobs up for grabs
Doncaster restaurant given a one out of five food hygiene rating meaning it needs major improvements
The opening of the factory highlights an important partnership between South Yorkshire MCA and Lontra, who share the same focus for sustainable growth and a commitment to supporting innovation and skills development, whilst providing greener and smarter manufacturing solutions.
Lontra’s factory brings together three unified initiatives: regeneration, reliable and electric compressor production, whilst setting a standard for the future of all critical industries using industrial compressed air systems.
The 105,035 sq ft factory will manufacture energy saving products for world-wide food manufacture, pharmaceutical products and water treatment, amongs others. These high value products will be exported globally through Lontra’s international distribution network with distribution agreements secured.