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International Innovative Technologies, in Team Valley, part of Procter and Gamble consortium
A NORTH-EAST milling machine maker is playing an integral role in an £18m project to develop new equipment for powder production.
International Innovative Technologies (IIT), in Team Valley, Gateshead, is part of an eight-strong consortium brought together by Procter and Gamble Technical Centres to introduce new methods to create finer powders.
The company, which employs about 35 workers, will work with CPI Centre for Process Innovation, at Wilton, near Redcar, and could create up to 20 jobs in the programme.
The three-year project, called Chariot, is supported by an £8.85m grant from the Government’s Advanced Manufacturing Supply Chain Initiative.
Tom Wilkinson, IIT chairman, said: “This is a highly innovative project that will combine technological innovation with a focus on developing supply chain relationships.
“The aim is to develop long-term partnerships and it could lead to considerable new market opportunities and new engineering jobs.”
Earlier this year, IIT secured a £2.5m investment from private funders to create ten jobs and push forward plans to increase exports by building on grinding technology converting hard materials and minerals into fine powders.
The company previously secured more than £1m in export sales to India, Lithuania, Portugal and the US, appointing a specialist milling equipment distributor in North America, and is looking to earn deals to serve mineral-processing industries in South Africa, India and Australia.
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