Multi-million-pound investment lifts Icon Aerospace

Multi-million-pound investment lifts Icon Aerospace

A £7m investment has transformed what was a Victorian factory into a modern, state-of-the-art production facility for Icon Aerospace Technology.

Retford-based Icon has pumped £7m into overhauling what was a Victorian factory into a modern production facility.

The investment enables Icon to reduce its total footprint by near 50% to a highly efficient and productive three-acre site - all whilst its sales output doubles. 

The purpose-built facility will also enable the manufacturer to significantly improve flow of materials, achieve throughput efficiencies and productivity and reduce its carbon footprint through a more energy efficient production environment.

The enhanced capacity and competitive environment which has been created has positioned Icon to win more work as the aerospace and defence market continues to grow.

Tim Pryce, CEO of Icon Aerospace Technology, said: “The strength of our products and service is in the strength of our people and when the Icon team considered how best they could further meet the demands of our customers we knew the answer was in our employees. By creating a working environment where our employees could thrive, our customers would feel the benefit. 

“The town of Retford and the surrounding communities have been our home for 145 years and this level of investment ensures we can continue to provide a great place to work and for people to build careers, across all functions, from Engineering and accounting to marketing and manufacturing. 

"As well as the 100 new jobs created by Icon in the last 18 months, the Icon team supports many local businesses on a daily basis, from shops, to garages and hotels."

Icon Aerospace Technology is on track to deliver its impressive growth plan and with that create even further jobs and opportunities.

Simon Greaves, leader of Bassetlaw Council said: “We are delighted that Icon Aerospace has committed its future to Retford, having provided employment for local people for over 145 years.

"Icon is a significant employer and this investment keeps high quality manufacturing jobs in Retford.

"This development is also part of a wider regeneration scheme that will bring further investment and opportunities to our town.”

The next step for Icon is to complete the construction of a new facility for its offices, before the end of 2017, which will house all business functions.

Icon Aerospace Technology is part of the Applied Composites Group a business proud to invest in its people, with the philosophy the strength of our products is in the strength of our people.