Torotrak announced the award of a Technology Strategy Board grant, under its competition 'Building an automotive supply chain for the future - IDP10'.   The award relates to the development of an optimised supply chain for manufacturing discs and rollers, key components of Torotrak's leading variable drive transmission, engine boosting and kinetic energy recovery systems for vehicles.  The project, 'The Supply Chain Optimisation of Traction drive Core Component Technology' has a total value of £3.8 million and will be significantly funded by the award of £2.4 million from the Technology Strategy Board.   The value of work undertaken by Torotrak directly will be approximately £2.6 million.

Torotrak will lead the three year project, commencing on 1 April 2014, which will form an innovative supply chain and which engages two centres from the High Value Manufacturing Catapult, including The Advanced Forming Research Centre.  The other consortium members are Tata Steel and South Wales Forgemasters. A project Steering Committee will include, a global automotive Tier 1 and Productiv as well as the consortium members and support by a UK OEM.