A Guide to Business in Birmingham A Guide to Business in Birmingham | Page 6

A guide to business in Birmingham Aerospace The Midlands area is the hub of the UK’s aerospace output, with Birmingham providing cutting edge research, metals and composite parts. With around 300 specialist companies and over 40,000 employees, Birmingham is a major contributor to the UK having the second largest aerospace output in the world (12). The quantity of quality aerospace technologies also means that the UK is poised to take advantage of an increase in demand for air travel by being able to supply products from companies with a strong reputation. This is likely to lead to continued increases in employment in Birmingham in the aerospace sector. The city is also home to the High Temperate Research Centre, a collaborative £60m project between the University of Birmingham and Rolls-Royce, which aims to build greener, more efficient Aerospace engines. A cluster of firms include KN and Goodrich, Thyssen Krupp Aerospace and Aero Engine Controls, who provide capability in areas like electro-mechanical systems to control aircraft moving parts. Many firms are based in central areas like the Redfern Road industrial estate and around Grand Union Canal. These statistics from March 2013 show the importance of the aerospace industry within the UK along with the business sectors forecast growth potential. Source: gov.uk/government/news/uk-aerospace-industry-receives-2-billion-investment Commercial Property – Industrial Units, Office Space to Rent 6