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gardner-aerospace.com

Founded Year

1950

Stage

Acquired | Acquired

Valuation

$0000 

About Gardner Aerospace

Gardner Aerospace is a Tier-1 supplier of detailed parts and added-value services to the global aerospace industry.

Gardner Aerospace Headquarter Location

Unit 9, Victory Park Victory Road

Derby, England, DE24 8ZF,

United Kingdom

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Latest Gardner Aerospace News

Gardner Aerospace opens factory in China to tap into potentially huge Asia Pacific market

Dec 30, 2021

Gardner Aerospace opens factory in China to tap into potentially huge Asia Pacific market Gardner Aerospace, in Derby, supplies components to manufacturers including Airbus and Rolls-Royce Holdings 03:00, 30 DEC 2021 Chengdu is the capital of Sichuan Sign up to FREE email alerts from BusinessLive - East Midlands - the latest news, views and analysis direct every morningInvalid EmailSomething went wrong, please try again later. Subscribe We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Thank you for subscribingWe have more newsletters Show me See our privacy notice An East Midlands aerospace company has opened a new factory in China to meet growing demand in the Asia Pacific region. Gardner Aerospace, which is based in Derby, is a supplier of components to manufacturers including Airbus and Rolls-Royce Holdings . Management say China’s emerging aviation market is helping it expand production around the world and supporting jobs across the UK supply chain. Production is expected to begin in the new year and six colleagues from Derby have been based at the Chengdu site since August, providing guidance and expertise to local workers in what is a relatively new industry in China. The business went through a major restructuring in 2020 with dozens of redundancies at some of its UK operations. It blamed a major slump in the aerospace sector on the coronavirus lockdown. The business said China now accounts for almost a third of global demand for new aircraft, with the country’s growing middle-class fuelling a boom in the travel sector. James Males, General Manager of Gardner Aerospace China in Chengdu, said that was shown by the millions of people who will travel as part of the annual homecoming for Chinese New Year on February 1 – described as the world’s largest human migration. Mr Males said: “When I started my career in aerospace in the 1980s, North America accounted for more than 70 per cent of the aerospace market; now China is where it’s at. “There around 1.4 billion people in China and every year more and more people are traveling by air – that’s a huge opportunity for us. “Our decades of expertise mean that we’re able to provide training and support to the burgeoning industry in China, while growing the supply chain in the UK and opening doors to new markets across Asia.” The business cited Department for International Trade figures which suggest China will account for two thirds of the growth in the global middle class in the next decade, equivalent to around 400 million people. Gardner says research by Cambridge Econometrics also suggests the East Midlands’ economic ties with China through trade and universities support around 5,300 full-time equivalent (FTE) jobs. Gardner Aerospace employs more than 1,500 people around the world, including in the UK, China, France, Poland and India. Read More

  • When was Gardner Aerospace founded?

    Gardner Aerospace was founded in 1950.

  • Where is Gardner Aerospace's headquarters?

    Gardner Aerospace's headquarters is located at Unit 9, Victory Park, Derby.

  • What is Gardner Aerospace's latest funding round?

    Gardner Aerospace's latest funding round is Acquired.

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