Midlands tech company Lontra has unveiled plans for a £17m factory in South Yorkshire which will create more than 300 jobs.
Lontra has joined forces with South Yorkshire Mayoral Combined Authority (SYMCA) to launch plans for the Smart Factory in Doncaster, a 105,000sqft plant which will manufacture energy saving products for customers around the globe.
Lontra develops, manufactures and exports high value industrial machinery for critical industries, and this new base will create products for world-wide food manufacture, pharmaceutical products and water treatment, among others.
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The products will be exported globally through Lontra’s international distribution network with distribution agreements secured.
South Yorkshire MCA will provide a grant and loan package worth more than £7m through the South Yorkshire Renewal Fund, with around £10m of private sector match funding by Lontra.
Lontra said the two organisations share the same focus for sustainable growth and a commitment to supporting innovation and skills development, while also providing greener and smarter manufacturing solutions.
As well as creating more than 300 jobs, operating Lontra’s global exports base for its energy saving compressor machine, the partnership will create more across the regional supply chain,
Steve Lindsey, executive chair of Lontra said: “We are thrilled to open our first factory in the region with the support of South Yorkshire MCA. This is a region that’s incredibly progressive and we are proud to be a part of their innovation story.
“We are honoured to bring a commitment of long-term innovation and economic growth, both for Lontra as a business and for South Yorkshire. This is fantastic example of how South Yorkshire MCA, is supporting innovative SME’s to generate long term economic growth, high value job creation and drive UK exports.”
South Yorkshire mayor Dan Jarvis 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.”