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Monday, 10 October 2016

£5m Investment in Scotland’s Aerospace Sector

10/11/2016 - One of the world’s leading aerostructure suppliers to both Airbus and Boeing has invested £5m at their site in Prestwick.

Spirit AeroSystems’s new paint and finishing centre was today (Monday 10 October 2016) officially opened by Cabinet Secretary for Economy, Jobs and Fair Work, Keith Brown.

Supported by a Scottish Enterprise Regional Selective Assistance grant of £450,000, the investment will also safeguard 75 jobs. The company has also recently been awarded a £1m Scottish Enterprise Training Aid grant which supports the creation of 16 new jobs and safeguards 52.

Spirit AeroSystems designs and builds large aerostructures, including fuselages, pylons, nacelles and wing components, for both commercial and defense programs. From its facilities at Prestwick, its operation is known as Spirit AeroSystems (Europe) Limited. Spirit Europe is one of the largest airframe suppliers to Airbus and is a key supplier of major wing structures. Spirit Europe also produces wing structures for Boeing programs.

Cabinet Secretary for Economy, Jobs and Fair Work, Keith Brownsaid:

“Aerospace is one of our highest value sectors, playing a vital role in Scotland’s economy. That is why I am delighted to welcome Spirit’s latest £5m investment in the facility, underlining the achievements of the team and showing real commitment to developing the workforce and operations in Prestwick. I am sure this will see the company continue to go from strength to strength, increasing efficiency and competitiveness and opening up new markets. I wish the Spirit team every success moving forward.”

Scott McLarty, VP UK and Malaysia commented:

“This new finishing centre allows us to better meet the needs of our customers as production rates increase for single aisle aircraft. We are grateful for the investment by Scottish Enterprise and their partnership with us. This finishing centre improves our competitiveness as a world-class manufacturer and presents us with new opportunities to continually improve the quality products we deliver for our customers.”

Adrian Gillespie, Managing Director of Growth Companies, Innovation and Infrastructure at Scottish Enterprise said:

“We are delighted to support Spirit AeroSystems in the development of this new finishing centre. This significantly enhances capability at the site and demonstrates their continued commitment to developing their operations here in Scotland.”

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