A £150 million package of measures to help UK manufacturers seize the opportunities provided by emerging technologies has been launched by Business Secretary Lord Mandelson.
Investment totalling £151.5 million has been announced as part of the Government’s targeted strategies for key sectors and markets. It will expand access to information, encourage take up of new technologies and address specific challenges faced by the aerospace sector.
Advanced Manufacturing describes businesses which use a high level of design or scientific skills to produce technologically complex products and processes. Because of the specialised requirements involved, these are usually goods and associated services of high value.
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