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Lola invests £250k in new centre |
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Written by Business Weekly
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Wednesday, 11 April 2007 |
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Huntingdon-based Lola Group, famed for its composites work in motorsport, has invested £250,000 in a new machining centre to meet the increasing amount of work coming in from the aerospace and space sectors, including an undisclosed UAV (unmanned aerial vehicle) contract.
Huntingdon-based Lola Group, famed for its composites work in motorsport, has invested £250,000 in a new machining centre to meet the increasing amount of work coming in from the aerospace and space sectors, including an undisclosed UAV (unmanned aerial vehicle) contract. The new 5-axis machining centre will replace a 14 year-old model, which will increase speed and capacity of production by an average of 25 per cent. Engineering manager, Rob Hewison, said further expansion could see the purchase of a second machine in 2008. |
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