New £50m McLaren Composites Technology Centre built within Sheffield City Region
In February 2017, McLaren Automotive announced the creation of the new £50m McLaren Composites Technology Centre, to be built next to the University of Sheffield’s Advanced Manufacturing Research Centre within Sheffield City Region’s Advanced Manufacturing Innovation District.
Set to create around 200 jobs and provide an estimated £100 million of GVA (gross value added) benefit to the local economy by 2028, the facility will build McLaren’s carbon fibre chassis for its new models from 2020. Sheffield City Region made a financial investment into the project, while partners including the University of Sheffield and Sheffield City Council have worked closely with the company throughout the process.
McLaren’s choice of Sheffield City Region is further proof that the city region’s capabilities are up there with the best in the world.
Their decision was the culmination of a tremendous amount of partnership working with the University of Sheffield and the public and private sectors, and shows that the super-connected Sheffield City Region is a place that lives up to its enviable reputation as straightforward, practical and business-focused.
McLaren’s presence in the region will also see it work with the University of Sheffield on an extensive composites research project. McLaren made clear the opportunity to access the world’s best composite and materials research capabilities was a compelling reason to locate in Sheffield City Region.