UK Business secretary Vince Cable announced almost £6 million of funding for Staverton-based aerospace business Messier-Bugatti-Dowty, which employs an estimated 1,000 staff.
Left to right: Chris Wilson, managing director of MBD, Business Secretary Vince Cable and Vincent Mascre, MBD CEO
“Great Britain has a very significant advanced manufacturing sector,” said Dr Cable. “There are some areas where we are world leaders and Messier-Bugatti-Dowty is one of them. “In aerospace we are second only to the United States and we have some fantastic companies here in the UK but the world is a competitive place. We have to continue to develop to remain part of it. Through the “Aerospace Growth Partnership” we have put in the best part of a billion pounds for research stretching over the next seven to 10 years. That gives businesses like Messier-Bugatti-Dowty some long-term certainly that they can invest in projects like Flow Line. It is giving them confidence that the Government has some skin in the game.”
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