Manufacturer lasers in on £15m investment in UK HQ
Global high-powered fibre laser manufacturer IPG Photonics is to invest £15m in a new UK headquarters in Coventry.
The proposed 50,000 sq ft building at Ansty Park will create 30 jobs in electrical and mechanical production, as well as robotics and laser processing.
The centre is set to launch by 2020, following the acquisition of the 1.7 hectare site through Homes England in June 2018. It will allow IPG to accelerate laser-based manufacturing in the UK.
NASDAQ-listed IPG already has a partnership with the Manufacturing Tech... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...