An international aerospace and defence engineering group has revealed plans to build a £130m facility in the West Midlands that would provide a base for up to 1,000 employees.
Meggitt is a world leader in aerospace, defence and energy, which employs more than 11,000 workers at over 40 manufacturing facilities and regional offices worldwide.
The major West Midlands project is earmarked for a site at Ansty Park, Coventry, which will bring together a number of Meggitt’s operations.
The 440,000 sq ft facility aims to combine the company’s aircraft braking systems, control systems, customer services and support and corporate shared services departments.
Plans for the site include an engineering and manufacturing centre for future aerospace thermal management technology which has already supported by the UK Aerospace Technology Institute (ATI) with a research and development award from the Department for Business, Energy and Industrial Strategy of £3.7m.
It is planned for the new facility to become operational by the end of 2019.
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, 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.”
Business and energy secretary Greg Clark said: “Our aerospace sector is one of the most productive in the world and Meggitt’s decision to invest £130m in a new site in Coventry will deliver a huge boost both to the sector and to the West Midland’s status as an internationally recognised aerospace and auto cluster.”
Jonathan Browning, chairman of the Coventry and Warwickshire Local Enterprise Partnership, said: “This is very good news indeed; not only because it means an international company is expanding in Coventry and Warwickshire, but also because the work which will feature at this new complex further adds to the wealth of cutting edge R&D and transport innovation happening on our door step.”