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Lontra New Business Venture
As UK the tech sector reached record-breaking levels for investment in 2019, Lontra has now announced its business venture in Sheffield.
“Steve Lindsey’s company Lontra has been among the notable UK tech successes in recent years, thanks to innovations such as its revolutionary Blade Compressor®.”
And they’re not wrong, The Lontra Blade Compressor® is the first clean-sheet compressor design in over 80 years and can be used across many sectors such as aerospace, automotive, food and beverage, pharmaceutical manufacture and water treatment. It is proven to be 21% more efficient than the next competitor, offering incredible energy savings along with big improvements in reliability.
The £6 million high value services business near Sheffield is in partnership with the Local Enterprise Partnership (LEP). This follows the recent opening of its new blade compressor Factory in Napton, Warwickshire.
Steve Lindsey, CEO, Lontra said:
“This is the start of an ambitious programme to build our digital services business globally. This new and exciting opportunity will generate ongoing jobs and revenues from the export of manufactured goods. These jobs can be anywhere and it makes sense to put them in places like Sheffield where there are an abundance of skilled workers. This forms part of a wider drive to use digital technology to enhance productivity and improve the efficiency of the UK manufacturing sector.”
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