A EUROPEAN specialist in aerospace design has set up its British headquarters in Hampshire.
Folland Aerotech rejected alluring business incentives from Switzerland, Germany and Spain to make an office at Segensworth the nerve centre of its international operations.
It was previously near Zurich for nearly 20 years.
Folland Aerotech is involved in some of the largest multi-national aerospace programmes in the world, heading up stress analysis and design work on movable parts of aircraft wings and fairings.
The firm was recently awarded a €1.5m contract in connection with the Airbus A350 extra-wide body jet.
Folland Aerotech signed a five-year lease on two offices with 12 parking spaces at Whittle Avenue, Segensworth West.
Russell Mogridge of Fareham-based Hughes Ellard, which secured the move, said: ‘This is an inspirational example of British intelligence leading Europe in the intensely demanding and complex field of aerospace engineering.
‘Folland Aerotech’s arrival is a stirring vote of confidence in Hampshire and the UK.’
Folland Aerotech has a team of 12 with plans for a further 20 full-time design engineers.