Bentley secures £3 million grant to boost R&D activities
By Andrew, 31 Oct, 2011. 0 Comments
2012 Bentley Mulsanne
Bentley announced today that it received confirmation of a conditional grant allocation of £3 million from the Department for Business Regional Growth Fund (RGF). For those who don’t know, this would be the second time this year when Bentley receives the Government’s RGF has been successful with the Government’s RGF, having received £1.68m to create new manufacturing jobs and training.
The new grant allocation will help Bentley support the development of a new powertrain application, which will enable it to exploit new export markets. Moreover, this allocation will safeguard over 200 jobs and also create a small number of additional positions.
"This is a real boost for Bentley which has one of the most highly skilled automotive workforces in the country and, uniquely, has now been awarded two RGF grants. It shows that the Government recognises the importance of Bentley and the contribution we make to high value manufacturing and UK exports.” said Bentley Chairman and Chief Executive, Wolfgang Dürheimer.
“Our customers expect the very best in terms of exclusivity, technology, quality and engineering excellence which requires significant ongoing investment in R&D. This is why we retain such a strong engineering capability exclusively for Bentley here in the UK. This grant will help safeguard those operations as we look to develop new powertrains which appeal to new markets and new customers.” he added.
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