This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/uk-wales-30141420
The article has changed 6 times. There is an RSS feed of changes available.
Version 0 | Version 1 |
---|---|
Airbus to invest £100m at Broughton and Filton factories | Airbus to invest £100m at Broughton and Filton factories |
(34 minutes later) | |
Plane-maker Airbus is investing £100m in research, development and training in a deal with UK and Welsh governments. | Plane-maker Airbus is investing £100m in research, development and training in a deal with UK and Welsh governments. |
The announcement came at an investment conference in Newport designed to create jobs and growth for the UK. | The announcement came at an investment conference in Newport designed to create jobs and growth for the UK. |
Airbus employs about 6,000 at Broughton in Flintshire and over 4,000 at Filton. | Airbus employs about 6,000 at Broughton in Flintshire and over 4,000 at Filton. |
First Minister Carwyn Jones has also pledged £8.1m to support training in Broughton. | First Minister Carwyn Jones has also pledged £8.1m to support training in Broughton. |
The UK Investment Summit Wales conference is being held at the Celtic Manor Resort, bringing together industry leaders, investors and politicians, including Prime Minister David Cameron. | The UK Investment Summit Wales conference is being held at the Celtic Manor Resort, bringing together industry leaders, investors and politicians, including Prime Minister David Cameron. |
Last year, an extra £100m was spent on research and development in Wales, latest figures show. | Last year, an extra £100m was spent on research and development in Wales, latest figures show. |
On Friday, Airbus also announced that US company Delta Air Lines had placed a firm order for 50 new aircraft. | On Friday, Airbus also announced that US company Delta Air Lines had placed a firm order for 50 new aircraft. |
The research and development elements of the projects will be carried out with the Aerospace Technology Institute (ATI), a £2 billion joint investment between industry and government aimed at developing activity necessary for the UK to win work on future aerospace programmes. | The research and development elements of the projects will be carried out with the Aerospace Technology Institute (ATI), a £2 billion joint investment between industry and government aimed at developing activity necessary for the UK to win work on future aerospace programmes. |
'Backing business' | 'Backing business' |
Announcing the ATI funding, Mr Cameron said: "Aerospace is a real cornerstone of British business, supporting over 100,000 jobs across the UK and is worth over £27bn to our economy every year. | Announcing the ATI funding, Mr Cameron said: "Aerospace is a real cornerstone of British business, supporting over 100,000 jobs across the UK and is worth over £27bn to our economy every year. |
"With today's investment we are backing our aerospace sector so that it continues to thrive, as key part of our long-term economic plan to back business, create jobs and secure a brighter future for Britain." | "With today's investment we are backing our aerospace sector so that it continues to thrive, as key part of our long-term economic plan to back business, create jobs and secure a brighter future for Britain." |
First Minister Carwyn Jones said: "The aerospace industry is so important to Wales and we need to make sure that the skills of our workforce move at the pace of technological development in this field." | |
A total of £48m is being invested in a project at the Broughton plant to develop new systems and technologies for building aircraft wings. | A total of £48m is being invested in a project at the Broughton plant to develop new systems and technologies for building aircraft wings. |
Airbus's Filton and Broughton plants are responsible for designing, testing and manufacturing the wings for the whole family of Airbus commercial airliners. | Airbus's Filton and Broughton plants are responsible for designing, testing and manufacturing the wings for the whole family of Airbus commercial airliners. |