RediRack awarded RGF grantby Press Release on 2012-10-23 00:13:04
Rotherham-based Redirack has been awarded funding from the government’s Regional Growth Fund (RGF).
RediRack is the only manufacturer of bolt free racking in the UK and one of the largest manufacturers of racking products in Europe.
RediRack has built over 35 years’ experience in warehouse racking and product movement systems and is developing a wholly new concept for the logistics market called RediLogX which will provide customers with an automated system to control the throughput and storage of high value and perishable goods whilst saving significant operating costs and improving carbon footprint impact.
The company will be working with world renowned organisations, such as The Advanced Manufacturing Research Centre in Rotherham, Sheffield Hallam University, and The Weld Institute to develop a unique, automated stock management warehouse solution to secure supply and provide scientifically enhanced systems and management information for its customers.
Business Secretary, Vince Cable, said: "The Regional Growth Fund is creating the long-term growth and jobs that this country needs. The projects support important local priorities and there is a good alignment with key sectors in our Industrial Strategy including automotive, aerospace and life sciences."
Andrew Forsythe, Managing Director of RediRack, commented: “We are very excited about our ability to innovate and believe this is the springboard for us to revolutionise the intra-logistics and associated industries.”