Rolls-Royce has announced it is to invest £150 million over the next four years in new and existing civil aerospace facilities across the East Midlands.
The majority of the investment will provide a new facility for testing large civil aero engines in Derby.
The Trent XWB engine, which powers the Airbus A350 XWB, will be tested in the region. The Trent XWB is the world’s fastest selling civil large engine with over 1,600 on order from 45 customers in 31 countries.
The company is also investing in its Maintenance Repair & Overhaul facility in Derby, as well as its manufacturing facilities in Derby and Hucknall in Nottinghamshire.
A decision to close the Precision Machining Facility in Derby has also been reversed.
The investment is said to sustain more than 7,000 jobs at Rolls-Royce across the East Midlands.