Clearview Traffic Group has secured a £4 million grant to help bring their manufacturing home to Britain.
Bicester-based Clearview Traffic is the market leader for intelligent solar-powered road studs which offer 10 times greater visibility of the road ahead than traditional ‘cat’s eyes’.
The company is one of nine in the country to benefit in rond four of the Advanced Manufacturing Supply Chain Initiative (AMSCI).
The nine projects will receive at total £129 million of support, with £53 million of government funding leveraging in more than £75 million of private money.
With the support of the £4 million AMSCI grant, Clearview Traffic is relocating manufacture of the product from overseas to Britain as part of a £6 million project to streamline its supply chain, strengthen intellectual property and boost overseas sales.
Working in partnership with two other British businesses, Zeta Specialist Lighting Ltd and AEV Ltd, the project will safeguard 37 existing jobs in the UK and lead to 49 jobs being re-shored.