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Hereford poised for 1,000 new jobs
TWO international aerospace companies have signed exclusivity agreements that could bring around 1,000 new hi-tech jobs to Herefordshire within the next three years.
The agreements, confirmed by Deputy Prime Minister Nick Clegg at a business conference in London today (Friday), give US-owned Tbilisi Aircraft Manufacturing (TAM) from Georgia and Ukraine’s Market-Mats sole rights to specific sites on the Hereford Enterprise Zone at Rotherwas at Model Farm, Ross -on-Wye.
The two companies plan to create at least 500 hi-tech jobs each at two advanced manufacturing campuses. As planned, each campus will have its own apprenticeship training school with at least 10 per cent of the workforce coming through the schools at any one time.
TAM, once one of the biggest aerospace manufacturers in the former Soviet Union, has a six month exclusivity deal on its site and Market-Mats 12 months.
Both companies had been favourites for Rotherwas, the exclusivity agreements mean the biggest ever business investment in the county is closed to completion.