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£6m move safeguards engineering jobs in city


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£6m move safeguards engineering jobs in city (Item #: 1475)
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Listing ID: 1475
Company Name AstonLee
City: Derby
County: Derbyshire
Post Code: DE1 0JG
Country: UNITED KINGDOM
Phone: +44(0)1332 799913
Fax: +44(0)1332 799913
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A GLASGOW-based engineering company has bucked the trend during the worldwiderecession to invest £6million in high-tech equipment.

The move secures the jobs of the 150 employees at Castle Precision in Castlemilk.

The company produces components for several commercial aero engines as well as the latest generation of fighter aircraft - the joint strike fighter Lightning 2.

And it staged an open day yesterday to acknowledge the importance of the latest investment and to officially open the extensive refurbishment at the plant.

advertisementThe ceremony was carried out by Dr Masahiko Mori, president of Japanese machine tool company Mori Seiki.

Castle Precision is run by Marcus Tiefenbrun, who is not satisfied at just being the first in the UK but has improved the accuracy of measurement and the level of traceability on products which will make the firm a world leader

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