UP to 1000 jobs are set to be created near Coventry by aerospace company Meggitt PLC.
International aerospace and defence engineering group Meggitt PLC today announced plans to build a multi-million pound facility in Ansty Park, Coventry.
The £130million project is hoping to bring together a number of Meggitt’s existing operations and represents a significant investment in the long-term future of Meggitt’s UK manufacturing capability, representatives say.
But the new plans also mean the closure for Meggitt’s facilities in Holbrook Lane, and it is unclear how many, if any, new jobs will be created.
The company says the facility, which would provide a base for up to 1,000 employees, strategically positions the business for future growth and will serve as a hub for next-generation aerospace innovation and R&D and as a catalyst for world-class operational performance.
The 440,000 sq. ft. facility aims to combine a range of operations ─ Aircraft Braking Systems, Control Systems, Customer Services & Support and Corporate Shared Services ─ within a “world-class aerospace engineering and technology environment”.
Plans for the site include an engineering and manufacturing Centre of Excellence and a new, purpose-built capability for future aerospace thermal management technology.
It is expected the new facility will be operational by the end of 2019, following full consultation with employees and their representatives.
Tony Wood, chief operating officer, said: “We are proud of our heritage, both in the UK and here in the Midlands, which has underpinned our ability to secure strong market positions on new aircraft programmes.
“This planned new facility, adjacent to the Manufacturing Technology Centre and Advanced Manufacturing Training Centre (AMTC), marks a major advance in the development of our global manufacturing footprint and strategically positions us for sustainable growth.
“By bringing world-class innovation and operational delivery together on this site we will accelerate Meggitt’s ability to meet the current and future needs of our customers worldwide.”