Boeing, the aircraft, rocket and satellite manufacturer, has announced plans to open its first ever European factory in Sheffield, northern England today.
As the UK prepares for Brexit, Boeing’s decision is an encouraging sign for the country’s manufacturing sector.
Go deeper with GlobalData
“Our decision to start manufacturing high-value components in the UK is a step-change in our engagement and a further example of Boeing’s commitment to grow here,” the company’s Europe president Michael Arthur said in a statement.
The $25m, 25,000 square-foot facility will supply parts for Boeing’s 737 and 777 aircraft.
If planning permission is granted, the site could be up and running by late next year, initially employing around 30 people.
Boeing currently employs 2,000 people in Britain, but all of them are in non-manufacturing roles.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe Rotherham-Sheffield border already boasts a Rolls Royce jet engine factory and a nuclear research centre.
They will be joined by McLaren Automotive in 2019.
The luxury British car maker announced plans to relocate its production of carbon fibre chassis from Austria to the UK site earlier this month.
