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Nanoco Group PLC

High-tech food manufacturing campus to be launched in UK

The campus will combine food production facilities with shared utilities, amenities and services, and aims to act as a global hub for innovative, sustainable food manufacturing.

The British Government has agreed to provide £12 million in funding to help launch a high-tech food manufacturing campus in Derby, which will reportedly create up to 4,500 jobs.

The Government will also provide an additional £6.85 million to establish a manufacturing research centre in the city, generating 70 new roles and helping local companies to access expertise to grow their operations in low-carbon and other advanced technologies in the sector.

Nanoco Group PLC (LON:NANO) leads the world in the research, development and large-scale manufacture of heavy metal-free nanomaterials for use in displays, lighting, vertical farming, solar energy and bio-imaging.

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