Rolls-Royce to in­vest $600 mil­lion to trans­form In­di­anapo­lis fa­cil­i­ties

SP's MAI - - CORPORATE NEWS -

Rolls-Royce an­nounced the com­pany will in­vest nearly $600 mil­lion to mod­ernise its man­u­fac­tur­ing oper­a­tions in In­di­anapo­lis and to con­duct tech­nol­ogy re­search, en­sur­ing that In­di­ana re­mains a leader in the aero­space in­dus­try for decades to come.

The mod­erni­sa­tion plan will en­able the com­pany to be­come more com­pet­i­tive by re­plac­ing out­dated fa­cil­i­ties and ac­cel­er­at­ing the in­tro­duc­tion of new and ad­vanced man­u­fac­tur­ing meth­ods. The in­vest­ment was made pos­si­ble by the state of In­di­ana, the city of In­di­anapo­lis and the United Auto Work­ers (UAW) union. Rolls-Royce pro­duces en­gines for a wide range of mil­i­tary and com­mer­cial air­craft, as well as marine propul­sion sys­tems.

This in­vest­ment – the largest by Roll­sRoyce in the United States since the com­pany bought the for­mer Al­li­son En­gine Com­pany in 1995 – will in­clude a ma­jor ren­o­va­tion of the ex­ist­ing fa­cil­i­ties at Tibbs Av­enue and Ray­mond Street. Up­grades will in­clude new man­u­fac­tur­ing and as­sem­bly oper­a­tions that will match the ad­vanced stan­dards al­ready present in many other Rolls-Royce fa­cil­i­ties in In­di­ana and around the world. The fiveyear mod­erni­sa­tion plan, which is in line with the Group’s on­go­ing in­vest­ment plans, will also consolidate oper­a­tions and sig­nif­i­cantly re­duce util­ity costs.

“Our new fa­cil­ity will be a state-of-the-art man­u­fac­tur­ing cen­tre that com­bines mod­ern pro­duc­tion sys­tems and ma­chin­ery with a highly skilled work­force. This in­vest­ment en­sures that we can in­crease our com­pet­i­tive­ness in the mar­ket, which will ben­e­fit both our cus­tomers and Roll­sRoyce,” said Mar­ion Blakey, Pres­i­dent and CEO, Rolls-Royce North Amer­ica.

“We want to ex­press our sin­cere ap­pre­ci­a­tion to the state of In­di­ana, the city of In­di­anapo­lis, the UAW, and our employees for help­ing us make this in­vest­ment in our fu­ture pos­si­ble,” said Phil Burkholder, Pres­i­dent of Rolls-Royce De­fense Aero­space, North Amer­ica.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.