Tuesday 30 March 2010

Funds of £12m pledged to West Midlands manufacturing

Funds of £12m pledged to West Midlands manufacturing

Manufacturing in the West Midlands is to receive a £12m boost.

Advantage West Midlands and the European Regional Development Fund have pledged the funds, according to the Manufacturing Advisory Service.

There are plans to use the cash over two years to support 3,000 small and medium-sized firms employing up to 250 workers.

The service said the money "has to be focussed very carefully" but "can have some quite considerable effects".

The advisory service covers the West Midlands, Coventry and Warwickshire, Staffordshire, Shropshire, Herefordshire and Worcestershire.

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