Overcast

Overcast

max temp: 12°C

min temp: 6°C

ESTD 1874 Search

Campus to get hi-tech business

12:19 01 August 2014

Bowater Holographics Limited will be investing £3m establishing a manufacturing base at a new building at Parkside Office Village on the Knowledge Gateway at the University of Essex’s Colchester Campus

Bowater Holographics Limited will be investing £3m establishing a manufacturing base at a new building at Parkside Office Village on the Knowledge Gateway at the University of Essex’s Colchester Campus

Archant

Around £3million will be invested into the Knowledge Gateway at the University of Essex’s Colchester Campus when a hi-tech company moves on site later this year.

shares

Bowater Holographics Limited hope to create up to six jobs in the town in the second half of 2014 with the potential for more.

As part of the investment, the company will create a new building at Parkside Office Village, to be called Bowater House, which will be used as a manufacturing base.

Bowater Holographics is a world leader in the mass production of holograms for product and identity security.

It hopes to build a long-term relationship with Colchester and the university by including a number of internships and scholarships through the Bowater Foundation.

Founder James BV Bowater said: “With world-class technology that has global applications in everything from security to renewable energies, establishing a strong relationship with the University of Essex is important to us, as is building up a manufacturing facility in the Colchester area.”

University of Essex registrar Bryn Morris said: “We want the Knowledge Gateway to be a home for innovative businesses like Bowater so we can support the drive for economic growth in the region.

“Parkside Office Village offers us the chance to forge strong connections with ambitious businesses and I am delighted to welcome Bowater to our university community.”

Kevin Bentley, Essex County Council cabinet member for economic growth and infrastructure, said: “This is splendid news that the first business has been signed up for Parkside.

“Essex County Council and the university have worked together to push Parkside because it will make a substantial contribution to the economic growth of north-east Essex.”

Anne Turrell, portfolio holder for economic development and regeneration at Colchester Borough Council, said: “This is great news for Colchester at a very important time in our regeneration of the borough.”

shares

0 comments

Welcome , please leave your message below.

Optional - JPG files only
Optional - MP3 files only
Optional - 3GP, AVI, MOV, MPG or WMV files
Comments

Please log in to leave a comment and share your views with other East Anglian Daily Times visitors.

We enable people to post comments with the aim of encouraging open debate.

Only people who register and sign up to our terms and conditions can post comments. These terms and conditions explain our house rules and legal guidelines.

Comments are not edited by East Anglian Daily Times staff prior to publication but may be automatically filtered.

If you have a complaint about a comment please contact us by clicking on the Report This Comment button next to the comment.

Not a member yet?

Register to create your own unique East Anglian Daily Times account for free.

Signing up is free, quick and easy and offers you the chance to add comments, personalise the site with local information picked just for you, and more.

Sign up now

Rooney Anand, chief executive of Greene King.

Strong Easter and Valentine’s Day sales have delivered a boost to trading for pubs and brewing group Greene King ahead of its annual results.

Richard Porritt, who has launched a PR firm called it’s RED

An ex-political lobbyist has launched his own PR firm after his seven-year-old daughter persuaded him to quit his London job.

Holiday parks group Park Resorts has announced increated annual sales and profits.

Leading UK holiday centre operator Park Resorts today reported improved annual sales and earnings as a financial restructuring completed in 2013 began to pay off.

State-backed Lloyds Bank reported a better-than-expected 21% rise in underlying profits to £2.18 billion for the first quarter.

State-backed Lloyds Banking Group has reported a better-than-expected 21% rise in underlying profits to £2.18 billion for the first quarter as it said it benefited from the improving economy.

Challs MD Graham Burchell

A drain cleaning products company celebrating its 25th anniversary is marking the milestone with new branding.

Isaacs on the Quay

The manager of a popular waterfront bar has moved to allay fears a new licensing application could mean an increase in late night noise.

Penny Teale is to convert part of her Orford General Store into two new flats.

A village shop owner has explained the reasons why she has had to downsize her store and will convert the rest of the building into apartments.

A decision by the European Court of Justice (ECJ) means that 3,200 ex-employees of Woolworths and 1,200 former staff at Ethel Austin will not receive any money.

Thousands of workers at high street stores which went out of business have lost a long battle for compensation.

Post-Christmas boost for BA’s owner

Thursday, April 30, 2015
The owner of British Airways has forecast a big jump in profits this year as it benefits from the

The owner of British Airways has posted a profit in the post-Christmas quarter for the first time since it acquired Spanish carrier Iberia in 2011.

Shell profits slump after oil slide

Thursday, April 30, 2015
Shell has been hit by the fall in oil prices.

Royal Dutch Shell has reported a 57% slump in first quarter profits after it was hit by the fall in oil and gas prices.

Most read

Most commented

Topic pages