Martin Aerospace joins SiG programme

Posted on 28 Sep 2018 and read 471 times
Martin Aerospace joins SiG programmeLanark-based Martin Aerospace plans to triple its sales and create new jobs after being selected for Sharing in Growth (SiG), the UK aerospace industry-led competitiveness improvement programme.

Working with SiG business transformation experts, the company will adopt a new business growth strategy and introduce new management and operational practices.

This will help it to achieve its ambition of increasing turnover from £7.25 million to £20 million in the next five years, creating up to 50 new jobs and expanding its apprenticeship scheme.

Martin Aerospace (www.martinaerospace.com) was founded 25 years ago; it supplies thousands of different quality-critical precision-machined components, including engine fastenings and crankshafts, to aerospace companies such as Rolls-Royce and Pattonair.

Managing director William Martin said: “Having established a reputation for quality and delivery, Martin has grown to 80 employees and now wants to accelerate its business growth further.

“SiG will help the company to become more competitive, so that we can win £20 million in contracts by 2022.”

SiG CEO Andy Page said: “With the commercial-aircraft order book at a record high, the UK has a huge opportunity to increase its share of the global aerospace market.

“Increased productivity, skills and capability are essential for ambitious suppliers like Martin Aerospace to win the world-wide competition on quality, cost and delivery.”

Companies interested in how the programme can improve their competitiveness and productivity should register on the Web site (www.sig-uk.org/apply).

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