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Article: GKN to buy Airbus wing factory at Filton for Pounds 136m
- Article from:
- The Independent (London, England)
- Article date:
- September 16, 2008
CopyrightCopyright 2008 The Independent - London. Provided by ProQuest LLC. (Hide copyright information)
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Business News IN BRIEF
*GKN, the engineering group, is buying Airbus's aircraft wing
factory at Filton, near Bristol, for 136m. The deal includes
contracts for Airbus programmes already being supplied by the plant,
and GKN has also signed up to design and produce wings for the new
A350 extra wide body airliner, more than doubling its civil aircraft
order book to 5.6bn. GKN plans to invest 125m over the next five
years to establish Filton as a specialist in next-generation
composite ...