CEA: UK Off Highway Sector to gain from new innovation programme

The Construction Equipment Association (CEA) believes an imminent Technology Strategy Board led programme to encourage innovation in the UK’s Off Highway sector is likely to lead to a multi-million euro investment in the future of the construction equipment supply chain. Speaking of the keenly-awaited programme CEA chief executive Rob Oliver said, “We have been working with the TSB for some time and are now confident that a funding competition will be confirmed very shortly. The TSB have a well-established
May 20, 2014 Read time: 2 mins
The 3418 Construction Equipment Association (CEA) believes an imminent Technology Strategy Board led programme to encourage innovation in the UK’s Off Highway sector is likely to lead to a multi-million euro investment in the future of the construction equipment supply chain.

Speaking of the keenly-awaited programme CEA chief executive Rob Oliver said, “We have been working with the TSB for some time and are now confident that a funding competition will be confirmed very shortly. The TSB have a well-established model that has been successfully employed in sectors such as motor vehicles and marine. The funding helps provide backing for co-operative innovation projects within the supply chain and often in partnership with academic institutions”.

The CEA has described TSB as the UK's “innovation agency”. It offers support and funding to help business develop new products and services - and bring them closer to market.

Details on how the funding programme will work are likely to be released at the CEA’s ‘Innovation & Technology’ conference held at the Henry Ford Centre, Loughborough on Tuesday 10 June from 10.00 – 13.00. To register visit %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 oLinkExternal www.cea-conference.org.uk Website: www.cea-conference.org.uk false http://www.cea-conference.org.uk/ false false%>

For more information on companies in this article

Related Content

  • Sunderland’s sliding bridge slips across the Wear
    October 26, 2016
    Slowly but surely, a 2,500 tonne section of a new bridge deck was eased out from the banks of the River Wear near Sunderland in northern England. It now straddles the water, pointing towards the opposite bank which it will eventually reach after another sliding operation next year likely. The project to build the New Wear Crossing is now half way through with the first half of the steel deck bridge poised mid-river. Completion of the bridge is expected in the spring of 2018. This month, hydraulic jack
    Read More
  • bauma innovation awards shortlist lines up 15 potential winners
    January 6, 2017
    bauma has announced the shortlist for its Innovation Awards 2013, which will be presented at the show in mid April. Speaking at the event’s giant media dialog in Munich at the end of January 29, Johann Sailer, President of the VDMA Construction Machinery and Building Materials Machinery Association revealed that the organisers had received 156 entries across the scheme’s five main categories.
    Read More
  • bauma innovation awards shortlist lines up 15 potential winners
    February 19, 2013
    bauma has announced the shortlist for its Innovation Awards 2013, which will be presented at the show in mid April. Speaking at the event’s giant media dialog in Munich at the end of January 29, Johann Sailer, President of the VDMA Construction Machinery and Building Materials Machinery Association revealed that the organisers had received 156 entries across the scheme’s five main categories.
    Read More
  • Think global act local: Terex expands global operations
    January 6, 2017
    Terex boss Ron DeFoe has spoken about the company’s expanded global strategy and confirmed his thoughts about the threat represented by Chinese manufacturers. “This year has started well for the Terex organisation and we are confident that our markets are moving into an extended cycle of economic growth right around the globe. As a result we are forecasting a significant growth in sales from US$6.5 billion (2011) to US$8.5 billion,” he said.
    Read More

Highlighted Content