Welsh Regional Selective Assistance obtained
Eriez Magnetics Europe has been successful in claiming payment of the second and final instalments of a grant from the Welsh Assembly Government.
Eriez Magnetics Europe has been successful in claiming payment of the second and final instalments of a grant from the Welsh Assembly Government.
The company applied for Regional Selective Assistance of up to £84,000 under Section 7 of the Industrial Development Act 1982 to help implement a project to manufacture superconducting magnets and sampling equipment at the company's site on Bedwas House Industrial Estate, Bedwas, Caerphilly, UK.
The project involved a total capital expenditure on fixed assets of over £500,000 and the creation of 28 permanent full time jobs and 1 permanent part time job at the premises.
The offer letter from the Welsh Assembly Government (formerly Welsh Office Industry and Training Department) indicated that payment would be paid in three equal instalments over a period of three years.
Eriez Magnetics Europe were successful in creating the specified number of jobs in less than the time allocated.
Accordingly, the company was able to draw down the third instalment along with the second instalment.
Welsh First Minister, Rhodri Morgan, said: "The Welsh Assembly Government is delighted to have been party to Eriez's success in completing the expansion programme at its manufacturing facility in Bedwas ahead of schedule.
The Regional Selective Assistance is our primary tool for granting financial aid to business in Wales and this is an excellent example of how we can work in partnership with the private sector.
The creation of 29 new jobs in Bedwas is welcome news and Page 2 will assist in the regeneration of the local economy".
The grant project was in fact part of a much larger expansion scheme to grow the Eriez facility by 1,300 square metres to a total of 3,500 square metres.
This expansion comprised of additional manufacturing space of 770 square metres with separate area for manufacture of metal detectors, a 90 square metre purpose-built spray booth and design workshops as well as the extension and modernisation of the sales and marketing offices.
The completion of the grant project and the addition of essential staff were seen as a vital part of the company's expansion plans to become a world leader in superconducting magnetic separation and sampling technology.
These technologies are applied across a number of industries, including mining and quarrying as well as ceramics and minerals processing.
Not what you're looking for? Search the site.
Tel +44 29 2086 8501
-
Trunnion magnet aids chromite production
An Eriez trunnion magnetic separator has been utilised by Outokumpu Tornio Works in an effort to improve chromite concentrate production in the Kemi Mine. -
Eriez to showcase magnetic separators at Recover
Eriez Magnetics is to showcase its magnetic separators and a self-cleaning version of the Model CP suspended overband CP magnets at the Recover: Irish Recycling and Waste Management show. -
Granular material supplier attracted by magnets
Magnets, metal detector and detector ancillaries are helping a leading supplier of building industry granular materials to achieve high quality, effective and safe processing of its marine aggregates. -
Recycling plant attracted by magnetic separation
Magnetic separation system facilitates the separation of cans from plastic bottle waste at recycling plant in Skegness, Lincolnshire. -
Calibration keeps magnets working
The Eriez Calibration Service will help operations and quality control managers sleep peacefully at night, knowing that the magnets they rely on in the production line are doing their job.
Articles by product category
- Consultancy and Services (903)
- Machine Building (4,517)
-
Engineering Design Software (6,179)
- Engineering Design Software (12)
- 2D CAD software (200)
- 3D CAD software (1,157)
- FEA and structural analysis software (369)
- Fluid, thermal, noise, vibration software (334)
- Simulation, modelling, validation software (914)
- Rendering, visualisation, styling software (196)
- Materials design and moulding design software (151)
- Process, instrumentation, automation software (258)
- Electrical design software (164)
- Publishing and documentation software (229)
- Maths, charting, statistics, QA software (317)
- Data, document management software (310)
- CAM, CNC, production management software (568)
- File conversion software, data capture (351)
- PLM and collaboration software (649)
-
Drives, Motors and Controls (3,361)
- Drives, Motors and Controls (1)
- Precision Motors and Gears (411)
- Industrial Drives/Controls (1,276)
- Linear Drives and Motors (114)
- Industrial Motors (497)
- Stepper and Servo Drives, Motors, Controls (1,060)
- Small Mechanical Components, Joining, Tools (1,975)
-
Control and Instrumentation (5,028)
- Plantwide control (1,324)
- Plant- and Machine-Wide Communications (1,174)
- Smaller-Sized PLCs (387)
- CNC and Motion Controllers (184)
- Mid-range and Large PLCs (201)
- Power Supplies, Uninterruptible Power (562)
- HMIs/Operator Interfaces (294)
- Logic Controllers, Timers and Relays (96)
- Cabling, Conduit, Signal Conditioning (806)
-
Monitoring, Measurement and Quality (5,459)
- Monitoring, Measurement and Quality (1)
- Data acquisition Software and Communications (494)
- Data Acquisition Hardware and PC I/O Boards (472)
- Electrical and Electronic Testing, PAT Equipment (630)
- Form/co-ordinate, optical, vision instruments (703)
- Gauges, Indicators and Instruments (440)
- Data loggers (422)
- Materials testing equipment (421)
- Telecomms/network test equipment, software etc (154)
- Testing and Calibration Services and Information (500)
- Testing, analysing and monitoring equipment (1,222)
-
Electrical and Electronic Equipment Design (4,160)
- Batteries, chargers and circuit protection (555)
- Connectors, Terminals, Busbars, Slip Rings (679)
- Enclosures and Equipment Cooling Fans (709)
- Knobs, Handles and Enclosure Hardware (420)
- PCs and Embedded Systems (798)
- Electrical and Electronic Subassemblies (369)
- Electrical and Electronic Components (630)
-
Materials and Processing (2,963)
- Materials and Processing (5)
- Materials and components (2,215)
- Rapid Prototyping (458)
- Materials processing and testing (285)
-
Engineering Industry News, Resources (6,093)
- Engineering Industry News, Resources (4)
- Engineering Business News, Views (388)
- Engineering Exhibitions, Events (562)
- Engineering Conferences (425)
- Engineering Seminars (400)
- Engineering Industry Developments, Awards (633)
- Engineering Guides, Newsletters (349)
- Engineering Recruitment, Employment (219)
- Engineering Training Courses (433)
- Engineering Education, Resources, Standards (838)
- Engineering Industry Reports, Surveys (597)
- Electronic Resources for Engineers (278)
- Health and Safety Legislation (402)
- Health and Safety Strategy, Risk Assessment (113)
- Health and Safety Consultancy, Software (175)
- Health and Safety Events, Training, News (277)
-
Powertrain Design (3,598)
- Powertrain Design (2)
- Bearings (939)
- Chains and belts (326)
- Gears, brakes, couplings and engines (1,441)
- Hydraulic Components (471)
- Lubricants (418)
-
Capital Equipment (3,387)
- Capital Equipment (1)
- Manufacturing Machinery and Plant Equipment (468)
- Production line blowers and fans (62)
- Compressors and Air Treatment (510)
- Electronics Manufacturing, Tools, Instruments (192)
- Electrical hardware (131)
- Machinery and Production Equipment (1,093)
- Robotics, Handling and Storage (930)
-
Sensors (7,080)
- Sensors (8)
- Accelerometers and Vibration Sensors (427)
- Loadcells, Force Sensors, Torque Sensors (699)
- Pressure sensors (621)
- Flowmeters and Flow Sensors (618)
- Level Sensors and Leak Detectors (527)
- Linear Position Sensors (399)
- Rotary Position, Tilt and Angular Sensors (546)
- Proximity Sensors (700)
- Gas, Chemical, Radiation, Magnetic Sensors (284)
- Humidity and Environmental Sensors (152)
- Temperature sensors (612)
- Vision and Colour Sensors (1,384)
- Barcode Sensors (103)
- Valves, Pumps, Process Hardware (3,623)
