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Forgemasters decision key to UK manufacturing |
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Friday, 19 March 2010 |
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THE UK NUCLEAR INDUSTRY has today greeted the announcement of financial support for Sheffield Forgemasters as a “key step” in providing confidence to a strengthening manufacturing sector in the UK.
The Nuclear Industry Association (NIA) has welcomed government’s decision to offer financial support to Sheffield Forgemasters as “a most reassuring sign of commitment at the highest level to supporting UK industry”.
NIA Chief Executive Keith Parker noted that: “Sheffield Forgemasters is a UK company that is gearing-up to play a key role at the heart of the global nuclear supply chain, in a world-wide nuclear renaissance”.
Mr Parker went on to say: “That the government has chosen to provide this assistance is not only good news for Sheffiled Forgemasters; it is good news for UK Plc and it is good news for all sections of our manufacturing industry”.
“The components made in Sheffield could be used not only to generate low-carbon electricity here in the UK, they could also be exported across the world – another example of real tangible export opportunities for UK business”.
With secure and adequate funding, Sheffield Forgemasters can now develop a 15,000 tonne press, capable of producing the very large forgings needed to make a modern nuclear power station. The UK is at the leading edge of what is now a global movement towards further development of nuclear power – an essential technology in the battle to reduce carbon emissions and secure national energy supplies.
Heavy forgings have been viewed as a potential supply-chain pinch point and having a domestic capability to develop these components pushes the UK further towards the forefront of the global nuclear supply chain. Keith Parker finished: “This is another sign that the UK nuclear industry is taking the crucial forward steps in our supply chain development. At home and abroad, the nuclear industry is gearing up to take a global lead in technology development”.
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