Rolls Royce Big Investment In New Plants

Rolls Royce recently announced that it would build four new factories in the Britain, which is expected to create or secure 800 jobs.

The company plans to invest 300 million pounds in the UK, where unemployment is at its highest rate in 12 years.

Rolls-Royce announced their plans as the Government launched a £150 million campaign to help manufacturers take advantage of new technologies. The company will receive £45 million to assist manufacturing the new plants.

Rolls also plans a new casting facility for turbine blades, a factory making discs used in fans and turbines, an extension to its existing WCFB facility and a new plant making components for nuclear power stations.

Rolls-Royce's actions could create up to 1500 jobs by 2014
Published on: 10:59 28-07-2009