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.”