Beatson Clark Secures 1.7m from Regional Growth Fund

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Beatson Clark Secures 1.7m from Regional Growth Fund

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United Kingdom

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Beatson Clark Secures 1.7m from Regional Growth Fund Leading glass manufacturer Beatson Clark has secured up to £1.7 million from the Regional Growth Fund. The company hopes to use the funds to install a larger and more efficient bottle forming machine and a bulk palletiser for packing glass products at its Rotherham plant. This is just part of a planned £12 million investment which will include a larger capacity furnace. "This funding is fantastic news for Beatson Clark and for the local economy as it will enable us to strengthen the service we provide to the pharmaceutical sector," said Lynn Sidebottom, Sales and Marketing Director at Beatson Clark. "It will facilitate an expansion of our activities in the growing brewery sector and help to secure jobs for the future." Beatson Clark expects the investment programme to be complete by March 2015. A total of £50m has been allocated to businesses and organisations in Yorkshire from the fourth round of the flagship Regional Growth Fund (RGF) which was announced today (Thursday). The £506m fourth round of the RGF, said to have been the most competitive round so far, has provided funding to 102 companies and projects across the UK. The cash is expected to leverage £2.8bn of additional private sector investment and create or safeguard 77,000 jobs. In Yorkshire there were seven successful project bids from businesses and four successful programme bids from public sector organisations. Deputy Prime Minister Nick Clegg said: "There are more people in work today than ever before – since 2010 we have helped create 1.3 million jobs in the private sector. "That’s what the Regional Growth Fund is all about – and I'm extremely proud to have found extra money to invest in projects across the country that have plans for the future and want to recruit local talent that will make their businesses better." http://www.beatsonclark.co.uk/content/beatson-clark-secures-17m-regional-growth-fund Project Name Beatson Clark Secures 1.7m from Regional Growth Fund Location United Kingdom Commence 2013 Completion -NA- Estimated Investment EUR 1.7 million Capacity -NA- Key Players Beatson Clark