The Elite Centre will function as an employer-led training facility for the Black Country, designed to improve productivity and growth in the high value manufacturing (HVM) sector.
The LEP has brought together partners from the HVM sector and education including the University of Wolverhampton, Dudley College, Confederation of British Metalforming, Cast Metals Federation and the Institute of Cast Metals Engineers.
The partners are investing an additional £4.15m into the Centre bringing the total project value to £11.75m.
The Hub will be based in a regenerated derelict building at the University of Wolverhampton’s new Springfield Brewery site in Wolverhampton city centre.
The Elite Centre will provide specialist training in toolmaking, foundry, patternmaking, metalforming forging, advanced CNC, manufacturing management, Leadership and Project Management.
The hub will be a non-profit making organisation governed by partners and with an industry-led board of directors.
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