Manchester has been chosen as the new headquarters of Rolls-Royce's mini nuclear power station division.
Rolls-Royce SMR will be based at 11 York Street and will operate alongside its existing locations in Warrington and Derby.
Tom Samson, Rolls-Royce SMR’s chief executive, made the announcement during a stakeholder event where the company’s senior leadership team gave an update on the project to deploy a fleet of Small Modular Reactors (SMR) power stations.
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Mr Samson said: "Rolls-Royce SMR is coming back to Manchester, where Charles Rolls and Henry Royce first met in 1904.
"We’re growing as a company and, as we move at pace to build our SMR power stations in the 海角视频, the time is right to set up our head office in this fantastic city.
"We’re on target to recruit 850 people to work on this incredibly exciting project by the end of this year.
"As the 海角视频’s domestic nuclear energy champion, we will play a vital role in providing clean, reliable, affordable and sustainable electricity for generations to come."
Business and Energy Secretary, Kwasi Kwarteng added: "I am excited to see Rolls-Royce returning to its spiritual home of Manchester to expand on its vital and innovative work developing small modular reactors, designed and manufactured in Britain.
"Backed by £210m Government funding last year, Rolls-Royce’s small modular reactors have the potential to be a key part of boosting the 海角视频’s nuclear power capacity up to 24GW by 2050, as we turbocharge plans to generate more clean, affordable, home-grown power in the 海角视频, for the 海角视频."