Staff at a leading manufacturer in Peterborough are celebrating after the firm secured a multi-million pound grant.
Perkins Engines, in Eastern Industry, has been awarded £13 million to help develop innovative off-highway diesel engine technologies.
It will help the creation of about 175 jobs over the next three years.
The award comes from the Advanced Propulsion Centre to support the development of innovative technologies for the engines that are exported worldwide.
Mark Stratton, general manager Perkins medium engines, said: “This collaboration is focused on engine performance, fuel economy and exhaust emission improvements.”
The award is part of a £25.1 million project led by Perkins’ Peterborough facility and delivered in partnership with the Coventry office of DENSO INTERNATIONAL UK, Loughborough University, Imperial College London and CMCL Innovations in Cambridge.
Mr Stratton added: “As the construction and industrial diesel engine market continues to demand improved fuel consumption, the project will focus on meeting this need while delivering low CO2 technologies on the next generation of engines.
“As well as advancing CO2 reduction technologies, around 175 jobs will be created by the partnership between now and 2018.”
Acquired by Caterpillar in 1998, Perkins is one of the world’s leading suppliers of off-highway diesel and gas engines in the 4–2000 kW market, developing and delivering dependable power solutions to construction, agricultural, materials handling and electrical power generation equipment manufacturers around the globe.