Aerospace Moog plans £15 million move to i5408/09/2010
Actuation Systems company Moog has today confirmed plans to move its Wolverhampton flight controls business from the current location on Wobaston Road to a new-build facility on the i54 technology park in Wolverhampton, safeguarding approximately 400 jobs for the region.
The project will involve constructing a purpose-built facility and transferring activities to the nearby, new i54 site off Wobaston Road by September 2012.
The Company is tomorrow submitting a planning application to South Staffordshire District Council which asks for permission to build the new facility to house design, development and manufacturing activities for aircraft controls. The application is due to be considered on November 9.
Stuart Mclachlan, Director and General Manager at Moog, said: "This is a key strategic move for Moog, providing the opportunity to build a first class facility which will allow us to support and build on our market leading position."
Advantage West Midlands Chief Executive Mick Laverty said: “The fact that a high-value company like Moog wants to stay in the region is very welcome news indeed. Our aim now is that other companies will follow their lead, recognising the value of moving to the i54 site with its strategic transport links via the M54.”
Advantage West Midlands expects to offer financial support for the move. Discussions with Moog are ongoing and a further announcement is expected by the end of September.