Funding from the Department of Business, Innovation and Skills has been matched by industry support for the development of the centre.
Lloyds Bank is the largest private sector contributor to the centre and is contributing £5 million over five years.
The bank’s contribution will support over 1,000 trainees, in line with the group’s Helping Britain Prosper Plan, as well as helping the UK realise its potential in advanced manufacturing.
The new training centre opened its doors to its second cohort of apprentices in September. Apprentices have been able to work on projects that are redefining manufacturing techniques of the future, such as robotics, 3D printing, intelligent automation and advanced metrology.
Javid said: “This centre will play a key role in turning young people from across the Midlands into the engineering leaders of the future. We are committed to three million high quality apprenticeships by 2020 because we know apprenticeships are good for business, young people and the British economy.”
Paul Rowlett, managing director of the MTC’s Lloyds Bank Advanced Manufacturing Training Centre, added: “With a continued shortfall in engineering skills, the sector is crying out for new employees who have a specialised set of skills needed for their business to progress.
“The unique opportunity to gain expertise with MTC member companies involved in some of the most exciting research into advanced manufacturing methods and processes being undertaken anywhere in the world, provides a great springboard to an exciting career in a thriving sector.”
