Consortium of TenCate, Norma and others receives €1.5 million from Province of Overijssel for smart production in The Factory of the Future |
Wednesday, 17. September 2014 08:00 |
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The Province of Overijssel has granted a €1.5 million development subsidy to a consortium headed by TenCate for the innovation centre The Factory of the Future. The size of the project amounts to approximately €6 million. The objective of the project is to make the production of advanced TenCate materials, such as protective fabrics, even more efficient, sustainable and smart, in what is known as smart production. Apart from initiator TenCate, Theo Rietkerk, a member of the Provincial Executive of Overijssel, has consistently done his utmost in recent years to promote this groundbreaking technological innovation in the manufacturing industry in the Eastern Netherlands, which is of great importance for the regional economy and direct and indirect employment. The use of new technologies, such as digital inkjet technology, will also make it possible in the near future to produce new innovative materials, known as smart materials. The introduction of digital inkjet technology has the added advantage of being able to respond to individual customer requirements ("mass customization" and "on demand delivery") and of enabling processes to be read in digitally by linking the production process to a range of customer networks through the internet. Strengthening competitiveness High production speed Value network and smart production Innovation centre The Factory of the Future ties in with technological innovations in the manufacturing industry, which will enable production processes to become more sustainable and to make communication between the parties and logistical coordination in production networks possible (smart factories projects). The projects aim to provide an impetus to the Dutch manufacturing industry, in order to make this more competitive, cost efficient and flexible. Smart, technologically high-grade manufacturing processes can make a major contribution to future growth. New employment Within the consortium close cooperation is expected with other companies in the near future, which will also result in new employment opportunities being created. Royal Ten Cate Digital visual material is available on request on: media@tencate.com TenCate corporate The Factory of the Future is a smart production innovation centre for digital printing and finishing through inkjet technology. Technical textile substrates are finished using continuous inkjet technology and drop-on-demand technology. Inside The Factory of the Future materials technology company TenCate collaborates with numerous national and international industrial partners, including Norma Group in Hengelo (The Netherlands). Royal Ten Cate (TenCate) is a multinational company that combines material technology with chemical technology in the development and production of functional materials with distinctive characteristics. Systems and materials from TenCate come under four areas of application: safety and protection; aviation and space; infrastructure and the environment; sport and recreation. TenCate occupies leading positions in protective fabrics, composites for aviation and space, antiballistics, geosynthetics and synthetic turf. TenCate is listed on the NYSE Euronext. This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients. The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Koninklijke Ten Cate NV via Globenewswire HUG#1856242 |
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