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Home / Property / Willmott Dixon secures £5m contract for new WMG institute
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Willmott Dixon secures £5m contract for new WMG institute
23rd June 2011
By Duncan Tift - Deputy Editor, West Midlands
WILLMOTT Dixon has secured a £5m contract to build a
new technology centre for Warwick Manufacturing Group
at the University of Warwick.
The contract for the International Institute for Product and
Service Innovation (IIPSI) has been awarded to the firm’s
Coleshill office.
Surveyors are on site and work will get under way on the
new scheme shortly, with a view to being completed next
summer.
How the International Institute for Product and Service
Innovation will look
Nick Heath, operations director for the firm, said: “We are
excited to be involved in the new International Institute for
Product and Service Innovation project, which is located
close to our Midlands office.
“One key element of our approach is our commitment to
using local supply chains, wherever possible, to ensure that local economies reap the benefits of major capital
schemes in their midst. The size and nature of this project makes it ideal to utilise Midlands based SMEs, which we
will do wherever possible.”
The IIPSI building is part of a £12m programme jointly funded by the European Regional Development Fund and the
University of Warwick in a funding partnership brought together by the regional development agency, Advantage West
Midlands (AWM).
The programme is designed to give Midland-based SMEs access some of the world's leading product and service
design technology.
The institute will have an open plan environment allowing users free access to the latest technology. Firms using the
facility will be able to talk directly to academics about their own technological needs.
WMG said the institute aimed to bring under one roof product and service technologies including: multi-functional
polymers that enable advanced electronics and functionality to be embedded in three dimensional plastic moulded
components, plus digital design tools that can create virtual products that can be shared with production partners.
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WMG Director Professor Lord Kumar Bhattacharyya said: "Today even the most low tech of products benefit
enormously from the latest design technology in creating them and fitting them for the marketplace.
“The best product design technology will ensure that even the sound, feel and look of a product is perfected and even
tailored to the customer's desires.
“This institute will allow SMEs to find the technology they need to deliver customer expectation.”
http://www.thebusinessdesk.com/westmidlands/news/183143-willmott-dixon-secures-5m-contract-for-new-wmg-institute.html?news_section=19011[23/06/2011 11:26:37]
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Property / Willmott Dixon secures £5m contract for new WMG institute THEBUSINESSDESK.COM
Mark Foley, head of ERDF Programme West Midlands said: “The institute represents a pro-active approach to firstly
connect with regional SMEs and make them aware of the technological support available, and then equip them to
apply the knowledge they can learn through the institute directly back into their own businesses.
“Supporting SMEs to develop is a key driver for the ERDF programme and the start of work on the site marks the first
step to delivering this vital support.”
For the latest news from the region's top business schools click here.
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http://www.thebusinessdesk.com/westmidlands/news/183143-willmott-dixon-secures-5m-contract-for-new-wmg-institute.html?news_section=19011[23/06/2011 11:26:37]