Airbus and GKN have signed a contract under which GKN will purchase the wing component and assemblies manufacturing unit based at Airbus’ site at Filton, near Bristol, UK. This includes all operational business, assets and activities being transferred to GKN. As a result of the transaction, GKN has committed itself to make further investment in the unit in order that Filton will continue to play its important role in Airbus’ current and future programmes, Airbus said. The unit is … [Read more...] about Europe/ CIS: Airbus sells its UK wing component plant