Rolls-Royce Announces £150M in Investment in UK Aerospace Facilities Press Release

Date posted: June 29, 2017
Share
Rolls Royce aerospace

Rolls-Royce has announced a £150m investment in new and existing civil aerospace facilities in the UK to support the planned doubling of engine production. The investment will mean that more than 7,000 jobs in the East Midlands will be secured.

Commenting on the announcement Sir John Peace, Chair of the Midlands Engine said:

“I very much welcome the excellent news of the £150m investment by Rolls-Royce in new and existing civil aerospace facilities in Derby and Hucknall. The investment will safeguard and create high value jobs in the Midlands and is a vote of confidence in the region’s ability to lead the national challenge of increasing productivity and driving economic growth.

The Midlands is home to a good number of globally successful advanced technology businesses that are supported by strong supply chains and an innovation and research rich industrial and academic culture. Businesses that are at the heart of our plans for the Midlands to become known nationally and internationally as the best place in Britain to live, work, study and invest.”

Share

Keep Updated

Latest News & Events

Fr1mrJAWcAA13GQ

Economic Opportunities

Mar 23 2023

Space Park Leicester makes £89m impact on economy in first year
Read more
Phoebe Dawson – LLEP Chief Executive

Latest News

Mar 23 2023

Phoebe Dawson announced as new Chief Executive of LLEP

The Leicester and Leicestershire Enterprise Partnership (LLEP) Board has today announced the appointment of its new Chief Executive.

Read more
Screenshot 2023-03-22 at 09.20.04

Transport

Mar 22 2023

Comment from Midlands Connect CEO Maria Machancoses on GBR HQ Announcement

Maria Machancoses, Chief Executive of Midlands Connect, said: “I am thrilled to hear Derby has been selected as the home for the new Great British Railways HQ.

Read more
An electric vehicle charging

Subscribe to Midlands Matters, the newsletter of the Midlands Engine