Romax Technology, a global gearbox, driveline simulation and engineering company, officially opened the doors on Wednesday 18th June to its brand new £5.6m head-office at the University of Nottingham’s Innovation Park (UNIP).

Marking its 25th anniversary in existence, the new, purpose built 3100m2 facility incorporates offices and a training suite, and will also give Romax space to grow in the future, creating more jobs and growth for the region. In addition to this, Romax’s continued desire to promote green energy across its portfolio will see this reflected in the new building.

As well as aiming to achieve a BREEAM Excellent rating for the project, the building incorporates environmentally friendly building technologies within its move such as sustainable construction techniques including biomass heating, building heat recovery and reuse, waste water recycling, solar shading and a bio diverse green roof.

The move to the new site further demonstrates the continued success of the business. Recently named as one of the top 1,000 British businesses for innovation by the London Stock Exchange, Romax supplies simulation and analysis technology, and engineering services to 14 of the top 15 automotive OEMs worldwide.

Andy Poon, CEO of Romax commented: “Our move into the new building represents an exciting future for Romax – it is the first time we will be able to house all our UK operations under one roof and the significance of this will be vast. As a business we are committed to driving innovation across the automotive space whether it is passenger cars, trucks, racing cars or hybrid vehicles. Our relationship with the University of Nottingham and our commitment to the East Midlands means we are able to employ some of the industry’s brightest minds including strategic thinkers, technology innovators, experienced engineers and world leading software specialists. The move to the new site reaffirms this and will allow us to continue supporting engineering projects across the automotive supply chain and at any stage during the design cycle.”

The University of Nottingham’s vice-chancellor, Professor David Greenaway, said: “This is a very exciting moment for us. We have enjoyed a longstanding partnership with Romax over several years, collaborating together on a number of research projects. Its decision to remain in the region and locate to our Innovation Park is a testament to the strength of that relationship. The opening of the Romax Technology Centre is the latest phase in the rapid development of the Innovation Park. In recent years we have launched new technology centres in aerospace, energy and geospatial engineering and, next year, we will be opening our GSK Centre for Sustainable Chemistry. I also feel that it is very fitting that Romax has decided to base itself at the University of Nottingham Innovation Park, as they are now situated on the same site as Sturmey Archer, which produced gears for the likes of Raleigh.”

The new building was officially opened by Lord Mitchell, Enterprise adviser to the Labour Party and serial entrepreneur, who gave praise to the strength of the relationship between Romax and the University of Nottingham as well as highlighting the importance in its decision to remain in the East Midlands: “The East Midlands is really flourishing at the moment, strengthening its position as a world renowned centre of excellence and innovation. Investment in the region is creating jobs and building an environment for even more growth, as well as the best and brightest in the workforce. Companies like Romax sit at the forefront of the success stories coming out of the East Midlands.”