THE Vale of Leven is to benefit from 195 new jobs in the area.
This is due to air purification and disinfection technology, Innova Nanojet Technologies Ltd, choosing to locate its first manufacturing facility in Scotland.
The company’s technologies have applications across major industries, including personal and public health, agriculture, food, housing, commercial buildings, transportation, social infrastructure, power generation, national security, and public safety.
A package of support and funding from Scottish Enterprise has been created for the company, including a grant of £1.5 million as a contribution towards the company’s almost £9 million investment in its new Scottish operations.
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Reuben Aitken, Scottish Enterprise managing director of International Operations, said: “It’s fantastic to see a young, innovative company like Innova Nanojet Technologies invest almost £9 million in Scotland.
"Not only will this allow the business to scale quickly, it also means a significant number of new jobs created for local communities over the next few years.
“Companies like Innova Nanojet Technologies are great examples of Scotland’s continuing success at attracting inward investment, with EY’s Attractiveness Survey last week naming Scotland again as the number one UK location for Foreign Direct Investment projects outside of London.
“Alongside our partners, we’ll continue to promote the wealth of business benefits Scotland offers to international companies and investors.”
Dr Charles Huang, chairman and CEO of Innova NanoJet Technologies Ltd, added: “Thirty years after my graduation from the University of Strathclyde, I’m very thrilled to be back in Scotland to commence the production of our Innova NanoJet Technologies Ltd’s first commercialisation product that will revolutionise indoor air cleaning and disinfection which will benefit billions of people in the world.
"With Scottish Enterprise’s continued support, we look forward to developing and launching more innovative products and solutions for the world.”
The company’s technologies have applications across major industries, including personal and public health, agriculture, food, housing, commercial buildings, transportation, social infrastructure, power generation, national security, and public safety.
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