Understand
GE Aerospace announces £57m investment in Prestwick maintenance facility
Overview
GE Aerospace has announced a £57m investment to expand and modernise its aircraft maintenance, repair and overhaul facility near Prestwick Airport. The project includes a £30m company spend, alongside £27m from the Ayrshire Growth Deal and planned investment from Scottish Enterprise. The expansion is expected to create around 150 new jobs over the next five years and involves constructing a new 55,000 sq ft building by 2028.
Key points
- GE Aerospace is investing £30m in expanding and modernising its Prestwick maintenance, repair and overhaul site.
- The project is supported by £27m from the Ayrshire Growth Deal and planned investment from Scottish Enterprise.
- A new 55,000 sq ft building will be constructed, with work scheduled for completion by early 2028.
- The investment is projected to create approximately 150 new jobs over the next five years.
- GE Aerospace is also donating £75,000 to Ayrshire College to fund training equipment and courses for students and apprentices.