Joint venture partners and commercial property developers and investors, St Francis Group and iSec have announced the signing of two key deals with prospective tenants at Horizon 38, the new mixed used development that is starting to take shape on the former Rolls-Royce East Works site, south of Gipsy Patch Lane. In the first deal, detailed planning consent has been
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Airbus, which employs 4,000 people at its site in Filton, is celebrating some notable technical and commercial successes achieved over the past fortnight. The purple patch began on 14th June when workers witnessed the successful first flight of the company’s A350 XWB aircraft, shown live from Toulouse on screens at the Filton factory. The A350 XWB is a mid-size long
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The parent company of Airbus, EADS, has reported a sharp rise in profits for the first three months of the year. Operating profits at the company rose by 56% to €741 million over the quarter, helped by higher production at Airbus, where revenue climbed by 16%. Airbus said it had delivered 144 aircraft between January and March, up from 131
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A multi-billion investment to “anchor” the UK as a global leader in the aerospace industry was announced by Deputy Prime Minister Nick Clegg during a visit to Airbus in Filton on Monday (18th March). Mr Clegg used the trip to reveal details of a pledge to create a new £2 billion UK Aerospace Technology Institute (ATI) that will develop quieter
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Global aerospace and defence firms with bases in Filton have posted mixed financial results over the past fortnight. BAE Systems reported a 6.4% drop in earnings before interest and tax to £1.895 billion, which was lower than market predictions. The company, which was recently planning to merge with Airbus parent firm EADS, said defence cuts in Europe and the US had
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South Gloucestershire Council is asking for views on the proposed boundary of the Filton Enterprise Area, one of four such areas in the district that are intended to “act as magnets for inward investment and boost the local economy by creating thousands of new jobs”. The Council has decided that it would be appropriate to confirm the formal boundaries for
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EADS, parent company of Airbus, and BAE Systems – both companies with major bases in Filton – have announced that they are in talks over a possible merger. The news was revealed in a statement to the Stock Exchange on Wednesday (12th September) following a sudden 8% rise in the price of BAE Systems’ shares. Airbus employs around 4,000 people
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Work on the construction of a massive new office building for aircraft manufacturer Airbus is due to start at its Filton site next month following the appointment of a building contractor. Miller Construction has been selected to deliver two projects totalling £37 million at the new Airbus Aerospace Park. The contracts include a £10 million project comprising the refurbishment and
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Filton’s King George VI pub, on the corner of Filton Avenue and Station Road, has closed in mysterious circumstances. A neighbour told The Journal that the pub had closed to the public on Friday 11th May, when contractors moved in to secure the premises. Windows on the ground floor have been covered with white film, while a side door and
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The GKN Aerospace plant at Filton has commenced production of precision machined titanium structures for BAE Systems, a principal subcontractor to Lockheed Martin, for the F-35 Lightning II Joint Strike Fighter aircraft (JSF). The Filton site will work in partnership with the GKN Aerospace sister operation in St. Louis, USA, with Filton undertaking manufacture of ten titanium structural parts. These
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