Rochdale-based Precision
Technologies Group (PTG), which
includes Holroyd, has announced
the launch of the CQME European
Innovation Centre. This major
initiative aims to drive innovation
and develop specific technologies for
new market sectors.

The new centre is to be established
in conjunction with PTG’s Chinese
multinational parent company
Chongqing Machinery and Electric
(CQME), in partnership with two
UK universities Manchester and
Huddersfield – each with a strong
record of applied research across
multiple technologies. Targeted
research and student training
programmes are to be established at
the universities and key links forged
with the relevant departments and
specialists.