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      GKN buys Airbus plant's manu factor £136m


      airbus has been negotiating to sell filton to gkn for months and has been clospace to a deal for several weeks .
      building on the launch of the government's manufacturing strategy this week, this is a clears to demonstration of how we will continues into do all we can to work with our key manufacturers to keep them at the forefront of competitive global markets .
      'world leader' the factory was put up for sale by airbus's parent, eads, as part of its power8 restructuraging programme .
      gkn chief executive sir kevin smith said: the acquisition of the filton wing components and assemblies manufacturing operational of this a further exciting step in the development of n's aerospar ce business .
      ian goddent, societary of brit ish aerospace companies .
      Generated 2008-11-6_3:52





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