Leading International Businesses Take Up Residency at MIRA Technology Park

  Leading International Businesses Take Up Residency at MIRA Technology Park

  PR Newswire

  NUNEATON, England, November 5, 2012

NUNEATON, England, November 5, 2012 /PRNewswire/ --

Rt Hon Dr Vince Cable, Secretary of State for Business, Innovation and Skills
               to open the first building completed at the site

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 43,000ft ^2 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."

Paul Cleaver, President of Norgren, one of the businesses that will be based
at the Control Centre, comments; "Our latest development work requires unique
testing capabilities in which MIRA specialises, making it the ideal base as we
continually seek to deliver Engineering Advantage for our global customer
base. We will continue to tap into the simulation capability and workshop
facilities MIRA offers, as we embark on an exciting project involving fuel
efficiency for heavy commercial vehicles. This is research and development for
technology that doesn't exist today, but has huge potential in the near
future."

MIRA has earned an enviable reputation since it was formed in 1946 as the
government funded Motor Industry Research Association. The MIRA business is
now known for being a comprehensive transport engineering solutions provider
to the automotive and defence industries as well as engineering smart
solutions for future transport technologies.

Dr Geoff Davis, Business Development Director, MIRA Ltd concludes: "As our
track record over the past 3 years has shown we are an increasingly successful
business with ambitious plans. Those plans include becoming Europe's most
advanced independent transport technology solutions provider, and the MIRA
Technology Park is an integral part of those plans."

Notes to Editors

Further information on schemes in place at MIRA Technology Park:

  *New graduate scheme started at MIRA last year, first intake 12 with a
    further 10 to be recruited next year
  *New apprenticeship scheme started last year, first intake 8 with a further
    round of recruitment planned for next year for a further 5 places
  *MIRA is also providing places for students from the Midlands Studio School
    studying engineering and business

About MIRA

MIRA Ltd is a world-leader in advanced engineering, research and product
testing. Over the past 65 years it has grown into a truly international
organisation with facilities located around the world. MIRA's work spans the
Automotive, Defence, Aerospace and Rail industries and includes the
development of ground-breaking low carbon vehicle technologies.

About Norgren

A world leader in pneumatic motion and fluid control technologies, Norgren
works closely with customers to gain a deeper understanding of their
engineering needs, and then connects its people, products and expertise to
give their equipment and their business a clear advantage. Norgren's
reputation rests on a world-class portfolio of high performance products, the
innovation and technical expertise of its 6000-plus people, and an ability to
deliver exceptional local service. A subsidiary of the £2.13 billion turnover
engineering group IMI PLC, Norgren has a sales and service network in 75
countries, technical centres in the USA, Germany, UK and China, and
manufacturing facilities around the world. http://www.norgren.com

Contact: For more information contact Heather Kirkman or Sheeba Ali on
+44-(0)121-265-2760 or via email heather.kirkman@grayling.com /
sheeba.ali@grayling.com. For further information relating to Norgren contact
Luke Bull or Louise Stanley at Wyatt International on +44-(0)121-454-8181 or
email luke@wyattinternational.com / louise@wyattinternational.com.