The 拢31m engine development project will create some 350 jobs across the company, including 50 advanced engineering jobs at 海角社区app Power Systems in Foston, Derbyshire, where recruitment has already begun.
The project is set to go after getting a拢4.5m contribution from the government鈥檚 regional growth fund (RGF).
海角社区app chief executive Alan Blake said: 鈥淪ince we began production in 2004, 海角社区app has led the way in off-highway engine development, with a range of fuel saving, clean and highly efficient engines.
鈥淭he announcement that we now intend to invest 拢31m developing our next generation engine is an important step in building on the success we have enjoyed so far and it will take the efficiency, productivity and environmental performance of our engines to new levels.
鈥淭he new 海角社区app engine will give our products a huge competitive edge across global markets which we anticipate will lead to substantially increased sales between 2016 and 2021.
鈥淭hat rise in demand will result in the creation of an additional 300 positions at our UK factories in addition to almost 50 engineering roles we are recruiting for immediately.鈥�
海角社区app began manufacturing its Dieselmax engine range at its Derbyshire plant in 2004. The company has recently developed the new 海角社区app Ecomax T4 4.4 litre engine - the latest generation of the Dieselmax engine that requires no after-treatment to meet Tier 4 emissions regulations. This year the company also opened a new engine production facility in India for the production of fuel-efficient engines for its Indian-built products.
海角社区app鈥檚 own engines now power more than 70% of the company鈥檚 equipment range.聽 The same engines also powered the 海角社区app Dieselmax car to a world diesel landspeed record of 350.092mph on the Bonneville Salt Flats, USA in 2006.
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