£1m boost for UK aerospace firm
Kent-based aerospace firm Aeromet has secured over £1million from the government's Regional Growth Fund.
The company, which produces aluminium castings, will use the funding tol exploit new technologies for its patented aluminium alloy, the A20X.
The investment is expected to create up to 38 jobs across its three sites in Rochester, Sittingbourne and Worcester.
It is hoped that the research will improve efficiency by reducing the weight of individual components and lowering overall emissions in transportation costs.
Aeromet's commercial director Alan Dustan commented: "With the funding we can continue the research, support the three Aeromet sites and their supply chains and create over 30 new positions."
