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MAG Property takes AIM and lands deal at airport business park
Aviation Business Park at Bournemouth Airport is in line for an £11 million boost, with the construction of a new 160,000 sq ft advanced manufacturing unit for a specialist aerospace interiors company
MAG Property, part of Manchester Airports Group (MAG), owner of Bournemouth Airport, has agreed a deal for the new facility with AIM Aviation, which is a specialist designer and manufacturer of aircraft cabin interior products. AIM works with many of the world’s airlines and aircraft manufacturers creating unique interior products.
The new purpose-built facility will provide AIM Aviation’s cabin interiors division with 30% additional capacity to meet expanding demand for its premium aircraft interiors.
Ian Girling, chief executive of Dorset Chamber, said: “This is another welcome boost for the local economy. MAG and Bournemouth Airport are to be applauded for attracting this significant investment. It further demonstrates the airport’s
increasing importance as a leading regional business hub and an important driver of the Dorset economy.“
A new dedicated test facility will also support AIM’s R&D operation, specialising in utilising new composite materials to create lighter aircraft interiors and more environmentally-efficient aircraft.
Paul Knight, managing director of Bournemouth Airport, added: “Not only does this announcement bring a welcome boost to the local job market, but it also represents a sign of returning confidence in the airport itself and demonstrates the strength of Aviation Business Park as a place to do business.
“We recognise the role of the airport and its business park as one of the most important employment locations in south east Dorset and backed by the local authorities, we aim to strengthen the significant
Leading college for Chandlers Ford
Eastleigh-based engineering trainees building careers in key trades will soon have a new place to learn.
Leading college, Engineering Real Results (ERR), which runs courses for the gas, electrics, plumbing, renewables and air conditioning sectors, has agreed a 10-year lease of Unit 4, Warrior Park, Chandlers Ford Industrial Estate for its new south coast training centre.
Acting on behalf of landlords, Southampton Builders and the
former tenant B&Q, Keygrove and Lambert Smith Hampton (LSH) worked to surrender an existing lease to B&Q and grant a new lease to ERR for the 7,986 sq ft industrial unit with first-floor offices.
Richard Nevines, director at Keygrove, said: “This letting is yet another sign of recovery in the local economy as the need for skilled tradesmen and craftsmen increases. The building is ideal for this purpose because of its size, amenities and location.“
THE BUSINESS MAGAZINE – SOLENT & SOUTH CENTRAL – OCTOBER 2014
contribution it makes to the local economy and provide further new opportunities for local businesses to expand.“
Construction work is scheduled for completion by the end of summer 2015, when AIM Aviation employees will move from existing smaller regional premises.
Colin Thornton, MD of AIM Aviation’s cabin interiors division, said it was part of an overall progression strategy: “Having the whole team under one roof in one of the most advanced facilities of its kind in Europe will greatly enhance our ability to meet customers’ demand for reduced time-to-market and best value.
“In addition, this exciting project will allow AIM Aviation to have a modern facility in keeping with the high quality of product it supplies.“
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