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MIA  MOTORSPORT INDUSTRY ASSOCIATION

Leading International Businesses Take Up Residency At MIRA Technology Park

12 Nov 2012

MIRA Technology Park, the 1.75 million sq. ft. technology park development granted Enterprise Zone status in August last year, has reached the first milestone in its aim to become Europe’s most advanced independent transport technology facility - with the successful completion of its Control Centre.

The 43,000ft2 building, which represents £6 million of investment and is being opened today by the Rt Hon Dr Vince Cable, Secretary of State for Business, Innovation and Skills, is the first new building completed since being granted Enterprise Zone status. MIRA Technology Park has already attracted a number of high profile international businesses. Bosch Engineering, Lockheed Martin, Ashok Leyland, Norgren and Triumph Motorcycles have all have taken secure facilities on the 830 acre site and are being announced at the opening ceremony today.

Peter Fouqet, Bosch UK President comments; “The Bosch Group will be expanding their engineering services to the Midlands, providing customised solutions and technical support to vehicle manufacturers. Bosch offers bespoke engineering solutions for a wide range of customer applications, from global to niche brands in sectors as diverse as automotive, agriculture, construction, marine and rail. Bosch engineers located in the Midlands will help transfer knowledge, skills and expertise, to provide a dedicated Bosch engineering service solution for customer research and development projects in the UK.”

Terry Spall, Commercial Director, MIRA Technology Park Ltd, adds; “When we first announced the development of the MIRA Technology Park in October 2010 we, and all parties involved, were very clear about its potential to create jobs and attract business investment to the region. We are delighted to be able to now announce the arrival of these high calibre businesses who, by being based here at the Technology Park, are literally placing themselves in the geographic heartland of the UK’s automotive industry.”

Since 2010 a total of 188 technology related jobs have been created as a result of the development and 145 jobs are due to be created in 2013. The aim is to create up to 2,000 jobs in the Technology Park’s first ten years (up to 2020) and continue to build on the success of the Control Centre. Planning application for the second development, a four store office building, has already been approved.

Business Secretary Vince Cable said: “The opening of MIRA’s Technology Park is excellent news for the Midlands. It has the potential to become Europe’s largest independent transport research and development (R&D) cluster. Enterprise Zone status has helped MIRA to attract high profile names in industry to use the Technology Park as an engineering base.

“I’m determined to support investment in R&D because it is central to ensuring we can attract advanced manufacturing companies and create more highly skilled jobs here in the UK.”

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