GKN Aerospace to establish new aerospace assembly facility in South Carolina

• New plant set to employ 300 within next 5 years
GKN Aerospace announced today the company's intention to establish a new aerospace components assembly facility in Orangeburg, South Carolina, USA.

The new GKN Aerospace facility will perform assembly operations for the recently-awarded production contract for the HondaJet, (announced 11/14/11) the development work for which is currently performed at the company's Alabama facility. This work will involve assembly of the state of the art all-composite fuselage for Honda's new HondaJet light business jet - work which is scheduled to begin at the Orangeburg site in mid-2012.

Design and equipping of the new 150,000 sq ft. plant will begin shortly and is scheduled to be operational by the 2nd half of 2012. Recruitment of the first new staff will begin in spring, 2012. GKN Aerospace expects over 75 personnel to be working in the new facility within the first year of production, with employment rising to approximately 300 within the next 5 years. The company aims to recruit the majority of these personnel from the local region.

Kevin Cummings, President and CEO, Aerostructures - North , GKN Aerospace noted: "This facility is at the heart of the growth of our business in the US. The contract on the pioneering HondaJet represents a new product line, and a customer relationship of which we are particularly proud. This move brings the vital assembly activity close to Honda's own plant. Over the longer term we expect the new site to serve a range of aerospace customers on assembly tasks across civil and military aviation."

Added Cummings, "Throughout our site selection process, the State of South Carolina, Orangeburg County Council, and the City of Orangeburg Council have been visionary and enthusiastic partners. The relationship we have developed with their team was a key factor in our decision process."