Keronite awarded grant for new technology centre near Cambridge
Haverhill, United Kingdom – Keronite can today announce that it has been awarded a grant from a European Regional Development Fund to support the launch of a new technology centre in Haverhill, nearby Cambridge.
The new technology centre, first announced in July this year, will allow Keronite to more than double UK production capacity and house world-class scientific research facilities to enable the company to increase research and development capacity.
The New Anglia Small Grant Scheme is a European Regional Development Fund that has awarded more than £1.8m worth of funding since 2014. The fund provides capital to businesses seeking to increase manufacturing capacity outside of London and the South East of England, making Keronite’s new technology centre a perfect candidate for funding.
Matt Hamblin, Keronite’s CEO, comments: “We’re delighted to have been awarded this grant and it will enable us to cater for the growing number of high-volume, long-term customer agreements we’ve established in the past 12 months.”
Keronite’s team of materials scientists develop bespoke light alloy coatings for some of the world’s most esteemed engineering companies. Using a coating technology called plasma electrolytic oxidation (PEO), the company seeks to develop coatings for light alloys to enable the reduction of weight and increased component life in the toughest of conditions. One of the company’s coatings is currently being used in the European Space Agency’s mission to Mercury: BepiColombo.
Matt Hamblin, continues: “It’s another positive step in that we’re now being recognised for our growth and development, and it’s also excellent we’re able to support the local area through our technology and growth.”
The facility is planned to open later in 2018, with the official opening date to be formally announced on www.keronite.com/news.
Keronite is a global materials science company that develops and deploys the world’s most advanced surface treatments for light alloys. They support globally recognised engineering companies and manufacturers by increasing the life of components and reducing weight in performance-concerned industries, like automotive, aviation and space.
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