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Halifax Rack and Screw Cutting Co. Ltd in Brighouse in the Yorkshire and Humber region is the first project from round two of the fund to receive its funding and forms part of the Leeds City Region LEP package. It will receive £200,000 towards a £1.5m project to support modernisation of their production facilities to manufacture precision products for the construction, engineering, offshore and energy sectors. It will create 12 new jobs and safeguard 7.