European Innovation Centre

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.