MP has praised a decision by GKN
Aerospace to invest heavily in its Isle of Wight operation during
a recent visit to the company’s Cowes plant.
GKN Aerospace is investing millions of pounds in a five-year plan
to modernise its Island operation by transforming the factory and
updating the East Cowes site. The plans are to improve the
efficiency of manufacturing processes and enhance the site’s
position as a “Centre of Excellence” for advanced composite
structures.
Garry Hernes, General Manager GKN Aerospace Cowes said: “We were
delighted to welcome Bob to our facility in East Cowes to discuss
our world leading products and our plans to secure the site’s
long-term future, so GKN Aerospace will continue to underpin the
Island’s economy and employment for years to come.
“The East Cowes site has been a fixture on the Isle of Wight for
a century and owned by GKN Aerospace for the past 25 years. The
new £11m investment we announced earlier this year, alongside
additional capital investment over the next five years, is to
ensure the site is fit for the future and keeps the Isle of Wight
at the forefront of advanced aerospace systems.”
GKN Aerospace is the world’s leading multi-technology tier 1
aerospace supplier and is also the Islands largest private
employer with staff of around 1,000 with 97% of employees
originating from the Island.
Bob said: “I want to see GKN Aerospace thrive. With direct links
from Portsmouth and Southampton Universities it’s important that
we focus on attracting high quality jobs, and train and educate
Islanders. GKN Aerospace offers fantastic apprenticeships. I am
proud that we have a cluster of aerospace, marine, composites and
renewable energy firms here; however, we as an Island need to
sell ourselves nationally to attract more firms in these supply
chains.
“Truly global companies like GKN Aerospace help the Island raise
its profile on the international stage. I am delighted to see the
company is not only committed to the Island but also investing so
heavily to modernise its East Cowes site and keep it at the
forefront of its business.”
Bob intends to hold a meeting with newly appointed Minister,
, Parliamentary Under
Secretary of State at the Department for Business, Energy and
Industrial Strategy to discuss future government plans for GKN
Aerospace and proposes a further visit with the Minister to the
site soon.