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MB Aerospace

A Scottish engineering agency has signed a $1bn (£780m) contract to offer flight engine components to a US firm.

MB Aerospace mentioned it might recruit 160 new workers as a part of the 10-year settlement with Pratt & Whitney, a division of United Applied sciences Company (UTC).

The Motherwell-based firm mentioned the contract was a “milestone alternative”.

MB Aerospace additionally has manufacturing operations within the US and Poland and employs about 1,600 folks.

A majority stake within the Scottish agency was taken by Blackstone non-public fairness in 2013.

Chief govt Craig Gallagher mentioned: “We’re massively respectful of the belief positioned in us by United Applied sciences and Pratt & Whitney to help their packages.

“MB Aerospace and UTC already possess a powerful working relationship throughout Pratt & Whitney’s put in base packages, and this contract represents a milestone alternative for our world class groups to help UTC.

“The MB Aerospace group has already invested greater than $50m in machining know-how, amenities enlargement and within the final 12 months has recruited a further 100 new full-time workers in help of this progress and forward of the settlement of this thrilling contract.

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MB Aerospace

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MB Aerospace chief govt Craig Gallagher mentioned the corporate deliberate to make use of 100 engineering specialists

“Included in our funding in folks is a ground-breaking engineering companies workforce of greater than 40 technical and programming specialists to help every of our enterprise items from a central hub situated in Rzeszow, Poland.

“We plan to develop this workforce to a minimum of 100 engineering specialists to help our prospects by means of the extraordinary interval of progress dealing with the business within the subsequent three to 5 years.”

Sam Abdelmalek, Pratt & Whitney vice chairman, mentioned: “We worth our long-standing relationship, and MB Aerospace is a essential provider in our world-class provide chain.

“As Pratt & Whitney strives for provide chain excellence, suppliers like MB Aerospace that decide to our provider gold program, price reductions and contractual governance can have alternatives to develop with us.”