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The Employment and Skills Partnership and Heart of the South West Local Enterprise Partnership Supporting Manufacturing in the Heart of the South West. AgustaWestland Ltd – At the heart of Advanced Manufacturing in the UK. AgustaWestland Ltd – Investing in all our futures.
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The Employment and Skills Partnership and Heart of the South West Local Enterprise Partnership Supporting Manufacturing in the Heart of the South West
AgustaWestland Ltd – At the heart of Advanced Manufacturing in the UK
AgustaWestland Ltd – Investing in all our futures OUR TECHNOLOGY: • World leaders in: • advanced rotor systems • Transmission/Gearbox Design and manufacture • Optimal matching of engine, rotors and transmissions • Active Vibration management/control systems • £30m investment in Research and innovation in 2011 • Strategic relationships with 15 UK Universities • 45 Live R and D programmes OUR SUPPLIERS: • 80% of value-added is bought out • £750m annual spend with UK Suppliers • 845 UK Suppliers • 650 UK SMEs • Over 300 suppliers in the South West OUR PEOPLE : • 3000+ employees living in the South Somerset Area • 35% at Graduate or above level • 5% in full-time education or training (175 full time trainees and apprentices) • 60 young people sponsored through further education each year • 9 MSc sponsorships in 2011 • Working with 29 local schools on STEM and Imagineering • 75 local schoolchildren through work experience every year • 1st Industrial organisation to receive “Oustanding” rating from Ofsted. OUR CUSTOMERS: • 60 Years experience of helicopter design, development and manufacture • Over 1100 Helicopters in service with 40 Customers around the world • UK MoD remains our major customer: • Ca 70% of current business • £800m projected revenue for 2011 • Outstanding orderbook of 2.3Bn
Today’s Business Environment • Public Sector Spending Cuts • Advanced Manufacturing Growth Strategy • EU Procurement Directives and State Aid • Skills and Training/Education
My LEP agenda • Advanced Manufacturing Growth Strategy – Time is money • Access to Finance • Connectivity and Infrastructure Links • Support for Exports – Nationally and Internationally • Public Sector Procurement – Price versus value – Time is money • Skills and Personal Competencies • Bureaucracy – Time is money