Rofin-Sinar laser cutting project receives funding
UK's Regional Growth Fund will supply Rofin-Sinar with $1.5M that will help create ~60 highly skilled jobs and allow relocation to a new factory.
Willerby, Kingston upon Hull, UK - Rofin-Sinar has received more than £1 million ($1.5M) funding from the UK's Regional Growth Fund (RGF).
Funding through the RGF supports private investment to create economic growth and sustainable employment. Rofin-Sinar's £5M ($7.45M) project will develop lasers cutters that can cut through touch screen glass on smart phones. The funding will also allow the company to relocate to a new factory.
A total of 14 companies have been awarded £2.4 million in RGF funding as part of the Humber Local Enterprise Partnership program in the last five months, creating nearly 200 jobs and helping to secure a further £10 million of private sector investment. The Humber LEP is a business-led partnership that works closely with government to promote and develop the natural economic area surrounding the Humber estuary, on the east coast of Northern England, and provide strategic leadership for economic growth.
Rofin-Sinar UK Ltd designs, manufactures, and provides sales and service support for Rofin's range of sealed CO2 lasers and "on the fly" product coding systems, according to the company's web site.
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