GKN Aerospace investment in Cowes site
Tuesday October 22nd, 2019
GKN Aerospace, the largest private employer on the Isle of Wight, has announced an £11m investment in its Cowes facility over the next two years.
The investment will enhance the site’s position as a Centre of Excellence for advanced composite structures, with a focus on automated manufacturing processes, high volume and complex products, across both commercial aerospace and strategic military work.
The site has been a fixture on the Isle of Wight for 100 years and it has been owned by GKN Aerospace for the past 25 years. This new investment in buildings and layout, smart technologies and engineering equipment represent a significant commitment to remain on the Island for decades to come.
Garry Hernes, General Manager of the facility said: “This £11m investment is great news for the site. It will help us focus on the complex and specialist work we are really good at, and ensure we are fit for the future. It will also mean the Isle of Wight retains its place at the forefront of advanced aerospace systems and that GKN Aerospace will continue to underpin the Island’s economy and employment for years to come.”
GKN Aerospace also confirmed that it will transform its Composite Research Centre (CRC) on the Island into a Technology Insertion Centre (TIC) for the Cowes site, in order to speed up the time from technology breakthroughs to high-rate production.
Globally, GKN Aerospace has 50 sites in 15 countries, employing 17,000 around the world, around 1,000 of which are based on the Isle of Wight.