Chancellor of the Exchequer George Osborne visits Rotork

16/12/2014


Rotork was pleased to welcome George Osborne to the Bath Rotork factory on 12th December. The purpose of his visit was to see how research and development tax credits help British firms to take on the world and fund billions of pounds of innovation.


During the visit the Chancellor had a private meeting with Peter France, Jonathan Davis and Grant Wood followed by a tour of the shop floor and interviews with the press.

On the tour of the shop floor, the Chancellor stopped to speak with employees and apprentices and even had a go at putting the base on an actuator!

Peter France, Rotork Chief Executive, said:
"Rotork has a reputation for innovation and quality products and this comes from understanding the needs of the customer and the environment that our products are asked to operate in - the coldest and hottest climates, under the sea and in deserts across the world.

Over 90% of our flow control products manufactured in the UK are exported globally so investing in research and development is of paramount importance when trying to compete on the world stage. The support from tax credits and patent box benefits supports our market leading position in a very competitive market place."

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