Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

IN FULL: Image shows how ‘groundbreaking’ £60m innovation centre on Michelin’s Dundee site may look

Post Thumbnail

A £60 million investment package has been announced for a new innovation centre at the site of the soon-to-close Michelin factory.

An artist impression of the innovation space for cutting edge technologies on the Michelin site in Dundee.

Finance Secretary Derek Mackay visited Dundee today to announce funding for the Michelin Scotland Innovation Parc (Msip).

The money is new investment into the project and has been confirmed as not being part of the Tay Cities Deal, the Scottish Government said.

Chief executive John Reid said he “could not believe” the progress made over the last 12 months for employees, their families and the future of the site.

The announcement comes a year after the news of the plant’s closure, which was made on November 5 2018. The plant is due to end production in 2020.

The Parc will provide space for “industry and academia to come together” to develop new, green technology.

There will also be room for other companies as well as business and support services,

Mr Reid said: “This funding marks a significant milestone and allows us to move ahead with the construction of the Innovation Hub, the Skills Academy and the other works to prepare the site for its new companies.

“It will allow us to develop a vibrant site with a long lasting benefit for Dundee and Scotland, as well as being a key part of Scotland’s response to the global climate emergency.

“Throughout the last year our priority has been to support our employees and their families and 414 people have already secured their next role.

“A year ago, I wouldn’t have believed we would have been able to make this much progress.

“We still have a long way to go but we should be encouraged by how things have progressed in the last year.”

Dundee East MSP Shona Robison said: “I warmly welcome this game -changing investment and commitment in the Michelin site.

“This is a truly groundbreaking initiative that will ensure the Michelin legacy delivers jobs, hope and opportunity not just for many of the current Michelin workforce but also many more in the city.”

Mr Mackay said: “This joint funding commitment from the Scottish Government and Michelin demonstrates our shared determination to transform the site to be a global destination for innovation and investment.”

Already a subscriber? Sign in

[[title]]

[[text]]