Retford-based Icon Aerospace Technology is spending £7 million to transform a Victorian factory into a ‘state of the art’ production facility that will meets the long-term requirements of its customers.
The company aims to provide an attractive environment in which to work through an order book worth around £150 million over the next few years.
This investment will enable Icon to cut its total footprint by nearly 50% and to reduce its ‘carbon footprint’ through a more energy-efficient production environment. It will position Icon to win more work as the aerospace and defence market continues to grow (
www.iconaerospace.com).
The modernisation programme is part of Icon’s wider Continuous Improvement Programme — intended to create an environment that enables all employees to contribute, to learn and to help the company achieve its vision of building a highly successful manufacturing business for the long term.
Tim Pryce, CEO of Icon, said: “The town of Retford and the surrounding communities have been our home for 145 years, and this level of investment ensures that we can continue to provide a great place for people to build careers across all functions, from engineering and accounting to marketing and manufacturing.”