SMMT News

£300 million investment in UK advanced transport technology facility

18 February 2011 #SMMT News

MIRA, the international vehicle engineering and test business headquartered in the UK, has announced its intention to create Europe’s most advanced independent transport technology facility, which involves a £300 million investment in a new 155,000sqm campus at its 850 acre site in the Midlands.

Aligned with the UK’s global leadership in low carbon technologies, one of the areas that MIRA anticipates will help fuel its rapid growth is low carbon transportation. The development plan aims to ensure that the business has the capacity to match its capability over the next 30 years, and coincides with the British engineering company’s 65th anniversary.

Commenting on the announcement, CEO George Gillespie said “MIRA is a fantastic opportunity for the UK. We have the capability to take the lead in emerging technologies, such as low carbon vehicles and intelligent mobility, that are becoming desirable throughout the world and to attract international companies looking for advanced engineering expertise and facilities.”

Engineering consultancy now represents the majority of MIRA’s business, providing design engineering, computer simulation, test development, validation and certification services to customers from various sectors. In 2010, MIRA recruited 70 new staff and its continued growth in the UK alone is expected to generate more than 2,000 jobs over a 10 year period.

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