Booming manufacturer Magnomatics launching second factory and creating new jobs in Sheffield
The new site is to meet demand from industries transitioning to low-emission and electric drive technologies
A booming Sheffield manufacturer is launching a new factory set to create jobs as the Net Zero 2050 deadline draws closer.
Magnomatics has bought a second facility which is set to be up and running by September 1.
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The 44-strong firm based on Bernard Road, near the Parkway, hopes to create 20 jobs in the new site at Nunnery Drive, on Parkway Industrial Estate.
Magnomatics’ technology uses strong magnets to drive gears in motors used in machines including undersea drones, wind turbines and hybrid vehicles.
The new site is to meet demand from industries transitioning to low-emission and electric drive technologies, the firm says.
A spokesperson said: “Since 2020, Magnomatics has seen an unprecedented surge in demand for reliable electric solutions, resulting in staffing nearly doubling as the Net Zero 2050 deadline draws closer.”
Chief executive Gary Rodgers said: “The acquisition of our first dedicated production facility is an essential step in supporting the company’s growing manufacturing business, and the first step in the company's vision to establish production of highly specialised electrical machines alongside our world-class design and prototyping capabilities.”
Established in 2006, Magnomatics, is a commercial spin-out from the University of Sheffield specialising in advanced electric machines.