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Article: Filton taken under the wing of gkn ; There had been so many false dawns and missed deadlines that many people feared a deal between GKN Aerospace and Airbus was never going to happen.
- Article from:
- Western Daily Press (Bristol UK)
- Article date:
- January 26, 2009
CopyrightCopyright 2009 Western Daily Press (Bristol UK). Provided by ProQuest LLC. (Hide copyright information)
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There had been so many false dawns and missed deadlines that many
people feared a deal between GKN Aerospace and Airbus was never
going to happen.
The deadline was put back by months as GKN and Airbus argued over
the fine details of GKN running the manufacturing at Filton.
Even the news in Europe was disappointing, with similar details
in Germany failing to materialise as the property market collapsed
along with land values. And then, in September, the long-awaited
pounds136 million deal was finally announced to the delight of
politicians, bosses and union leaders alike.
British-owned GKN took over the manufacturing operation at
Filton and announced there would be a further pounds125 ...