North West based Holroyd Precision Limited, a world leader in the supply of precision gear, thread & rotor grinding and milling machines, is to receive £2.8 million from the Government's Regional Growth Fund.
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>The £2.8 million will be available for Holroyd Precision to draw on as soon as it is required. It will be used to support the development of a new manufacturing facility as well as a new European R&D and Innovation Centre, securing 187 existing jobs and creating 137 new positions.