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Lontra to open new £17m smart factory in South Yorkshire
Lontra, a developer, manufacturer and exporter of high value industrial machinery for critical industries, is opening a £17m smart factory in South Yorkshire, generating a world-class manufacturing line.
South Yorkshire Mayoral Combined Authority (SYMCA) will partner with Lontra to support the new factory based in Doncaster by providing a grant and loan package totalling over £7m through the South Yorkshire Renewal Fund, with approximately £10m of private sector match funding by Lontra.
Lontra and South Yorkshire MCA share the same focus for sustainable growth and a commitment to supporting innovation and skills development, whilst providing greener and smarter manufacturing solutions. The partnership will contribute to the region’s growth, creating over 300 new jobs with more across the regional supply chain, operating Lontra’s global exports base for their energy saving compressor machine.
The 105,035 square foot facility will manufacture energy saving products for worldwide food manufacture, pharmaceutical products and water treatment, among others. These high value products will be exported globally through Lontra’s international distribution network with distribution agreements secured.
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 a 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.”
Mayor of South Yorkshire, Dan Jarvis MP MBE, added: “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.”