LATEST NEWS

07.11.2018

AVPE continues to invest, despite Brexit uncertainty

AVPE shareholders are investing in an increase in capacity and capability, despite the uncertainties surrounding Brexit. These investments will support a new major retrofit program and a new OEM contract on Airbus platforms and presents confidence in AVPE’s ability to deliver a quality product and service post Brexit.

In the final quarter of 2018 AVPE will invest in the following:

  • Two Doosan 750 Milling Centre with a 2000mm x 850mm capability
  • A Citizen Multi-Axis Sliding Head Turning Centre
  • A Doosan 630V 5 Axis Milling Centre 650mm x 765mm x 520mm with a 20,000rpm spindle speed

Commenting on this significant investment, Mark Summers AVPE’s MD said; “These 4 machining centres represents a c£750k investment by AVPE Shareholders, which is a significant commitment to support the Airbus OE and MRO programs, post Brexit.

AVPE Shareholder confidence is also reflected in the recent recruitment of 4 new Apprentices to join the existing Apprentice team of 5. For the first time AVPE has recruited back office Apprentices in Business Administration and Finance.”

> More news