£5 million investment in Scotland’s aerospace sector

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 £1 million Scottish Enterprise Training Aid grant which supports the creation of 16 new jobs and safeguards 52.

Cabinet Secretary for Economy, Jobs and Fair Work, Keith Brown said: “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 £5 million 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.”

Scottish Enterprise is Scotland's main economic development agency and aims to deliver a significant, lasting effect on the Scottish economy. Our role is to help identify and exploit the best opportunities for economic growth. We support ambitious Scottish companies to compete within the global marketplace and help build Scotland’s globally competitive sectors. We also work with a range of partners in the public and private sectors to attract new investment to Scotland and to help create a world-class business environment.

www.spiritaero.com