Techtank – a group of 21 businesses ranging from large manufacturers to small engineering companies in the South of Sweden – is establishing a permanent base in Coventry.
At the same time, two of its member firms are currently in advanced negotiations to set up operations in the area which could lead to the creation of 200 jobs.
Techtank announced the move at a reception of businesses attended by representatives of the Swedish Embassy and civic leaders at Coventry City Council.
The companies had been introduced to the area and its potential for investment earlier this year by the CWLEP’s Growth Hub and engineering consultancy 52 Global.
Advent publicised the event, which hit the headlines in the West Midlands region – as well as in Sweden!
Pictured – left to right – Craig Humphrey (CWLEP Growth Hub), councillor Jim O’Boyle, Karin Andersson, Anders Borgehed (both Techtank)