UK engine manufacturing turnover is expected to increase by £2.5bn to £10.5bn by 2016. This surge is hoped to help annual engine output set to surpass three million units, and is aided by £1bn invested in UK engine production.
Revenue generated for the UK economy by engine manufacturing is expected to increase by up to £2.5bn over the next two years; increasing turnover by nearly a third (31%). Over £1bn has been invested in UK engine production since 2011 and forecasts suggest the value of engine manufacturing will increase to £10.5bn by 2016. Engine…
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