Humberside

Steel firm invests £6.5m in Stocksbridge plant

One of South Yorkshire's biggest employers is to invest £6.5m in its operations in the county.

Tata Steel, formerly known as Corus, will install high specification equipment at its Stocksbridge plant to increase production of special steels for the aerospace industry by 30%.

Tata said the investment would lead to about 10 new jobs.

The company currently employs more than 2,000 people in South Yorkshire at its sites in Rotherham and Stocksbridge.

Peter Hogg, general manager of Tata Steel Speciality, said: "This investment will make us stronger and help secure the jobs of 2,000 South Yorkshire steel workers. It's a big confidence boost.

"The aircraft industry is forecast to grow strongly in coming years to cater for increased passenger numbers in emerging economies, an increase in global air freight and the introduction of new fuel-efficient planes.

"As the demand for aerospace steel increases, it's vital we have the ability to increase our production of this highly technical and demanding product, which is used in aircraft landing gear, engines, wings and other safety-critical components."

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