Rolls-Royce Plans Revealed for Sheffield

Rolls-Royce has officially launched its bid to buy German company Tognum AG. The Derby-based manufacturer announced this morning that the official acceptance period for its £2.7bn offer, put forward through a joint venture with Daimler AG, had begun. The bid was launched as Rolls-Royce unveiled plans to create two new factories on the Sheffield-Rotherham border. The news could spark hundreds of opportunities for young apprentices. 

Rolls-Royce announced last month its plans to launch a takeover bid for Tognum AG alongside Daimler. The pair entered into a 50:50 joint venture, now known to be named Engine Holding GmbH, to make the €24 per share offer. It officially launched the bid this morning.

The announcement coincides with Rolls-Royce’s announcement that it has launched a public consultation about basing two factories in South Yorkshire. The decision to look at the Advanced Manufacturing Park on the Sheffield-Rotherham border has been made two years after the business announced plans to invest £300m in four factories in the UK.

Rolls-Royce said it intends to submit plans to Rotherham Council next month.

One of the factories will manufacture, assemble and test components for civil nuclear power stations. The facility will have strong links with the Nuclear Advanced Manufacturing Research Centre, in which Rolls-Royce is an industrial partner.

The other factory will manufacture turbine blades for Rolls-Royce's high-thrust engines.

Rolls-Royce said these investments are being made as it to responds to anticipated growth in its aerospace and civil nuclear markets.

Pictured: Brinsworth MD Mick Crossley - Served 25 Years with Rolls-Royce

Brinsworth Training's Managing Director Mick Crossley served a tool room apprenticeship and was employed for 25 years at the Rolls-Royce plant in Derby.

For details on how an apprentice can assist your business, contact Brinsworth Training on 01709 389 520.