Business Minister Michael Fallon joined local MPs Mark Reckless and Tracey Crouch to visit an aerospace firm in Rochester which has secured just over £1 million from the Government’s Regional Growth Fund.
Aeromet, which produces aluminium castings for the aerospace industry, will use the funding for a research and development project to exploit new technologies for its patented aluminium alloy A20X. The investment is expected to create up to 38 jobs across its three sites in Rochester, Sittingbourne and Worcester.
Research into the alloy A20X – the strongest cast aluminium alloy available commercially – will help to provide a more cost effective and versatile way to produce aluminium components and will improve efficiency by reducing the weight of individual components and reducing overall emissions in transportation costs.
Speaking at Aeromet and seeing where the aluminium castings are made, Business Minister Michael Fallon said:
“Today’s announcement is great news for Aeromet in what could be a game changer for the industry. For me this project underlines the importance of supporting advanced manufacturing and innovation through the Regional Growth Fund – it creates jobs and acts as an important lever for bringing in skills and expertise.
“I look forward to seeing the progress of this project and the benefits that it will bring for the aerospace supply chain in new technology and improved efficiency. We also remain committed to working with the industry as part of the Aerospace Growth Partnership to ensure that the UK remains at the leading edge of aerospace technology.”
Aeromet’s Commercial Director, Alan Dustan, commented:
“Without the RGF Funding the project would either have been delayed for a number of years or not proceeded at all. However, with the funding we can continue the research, support the three Aeromet sites and their supply chains as well as creating over 30 new positions.”
“This is a welcome boost from the government to support local employment and our economy here in Medway. Aeromet is probably the market leader across the whole of the UK and Europe in supplying aluminum castings to the aerospace industry and I am proud that they are located in Rochester.
It is also wonderful to have Michael Fallon, a Kent MP, as the minister doing so much work to best deploy the Regional Growth Fund in support of both the government’s national strategy and business in our local area.”
As a result of this project, Aeromet will work with the Universities of Birmingham and Warwick to further explore, test and specify the properties of A20X, which is crucial to persuading customers such as Airbus to incorporate such cutting edge innovation for their airplanes.