Plans for a £3 million refurbishment to create an Innovation Centre at lock manufacturer Assa Abloy’s base in Willenhall have been given the go-ahead (www.assaabloy.co.uk).

Around 600 people currently work at the Portobello site — half of Assa Abloy’s 1,200-strong UK workforce.

The company has sales of £6.4 billion around the world; it is best known in the UK for its Yale and Union locks and keys. It said that the new centre will showcase its extensive investment and development of digital products, as well as providing much-needed space for research and development.

Unveiling the plans last year, Neil Vann, Assa Abloy UK managing director, said: “I’m very pleased to announce such a positive investment in our future and a significant commitment to our premises here at Portobello.

"Over the years, we have made important improvements in our manufacturing capabilities, allowing us to stay at the forefront of product development, but this is one of the largest commitments we have made to the infrastructure of the site. We believe the renovation will benefit all who work here, as well as the local residents.

“We have a rich heritage here in Willenhall, as well as a proud reputation as a key employer; this investment is designed to make sure that this continues for years to come.

"The introduction of the Innovation Centre also reflects our desire to make sure that we are leading product innovation and ensures that we can provide opportunities in this area for the next generation of employees.”