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Global manufacturer IPG Photonics invests £15million to create new UK headquarters

ALFED Members News: IPG Photonics

New 50,000 sq ft Coventry facility to create 30 technical manufacturing jobs

The world’s leading manufacturer of high-performance fibre lasers IPG Photonics, has invested £15million in Coventry’s Ansty Park, where it will create a new 50,000 sq ft UK headquarters.

Set to open in 2020, the new site will allow IPG Photonics to play an integral role in accelerating fiber laser based manufacturing in the UK and bring new innovative solutions to its global customer base.

IPG Photonics global headquarters is located in Massachusetts USA, with a number of international sites in locations such as Germany, Russia and Japan.

David Goodwin, Managing Director, IPG Photonics UK, said:

“IPG Photonics is investing £15million to create our new UK headquarters in the West Midlands. We believe the region will play a leading role in driving the UK’s productivity capabilities and wider Industrial Strategy. For us, there isn’t a better placed location to accelerate the industrialisation of fiber laser based manufacturing.

“Through our upcoming, new 50,000 sqft facility in Coventry’s Ansty Park, we’ll be positioned well within the UK’s manufacturing supply chain, working closely with the Manufacturing Technology Centre, to bring new vertically integrated innovations to the UK market”.

The new facility will create 30 new employment opportunities in the areas of electronic and mechanical production, robotics and fiber laser processing. IPG Photonics is looking to work with the local universities to source graduates and apprenticeships suitable for the roles.

The investment from IPG Photonics will include maintaining and upgrading its partnership with the Manufacturing Technology Centre (MTC) – an advanced manufacturing R&D hub within Coventry’s wider business technology park, Ansty Park.

Jonathan Browning, chair of the Coventry and Warwickshire Local Enterprise Partnership, said:

“The multi-million-pound investment by IPG Photonics into their new site at Ansty Park underlines their commitment to Coventry and Warwickshire and will strengthen our economy.

“It is also a boost to the West Midlands Local Industrial Strategy as further foundations are provided to boost productivity by investing in skills, industries and infrastructure.”

You can see progress of the building here: https://mclh.tv/?ipg