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Lucas Aerospace

Volume 951: debated on Monday 12 June 1978

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asked the Secretary of State for Industry what progress has been made in his Department's discussions with Lucas Aerospace about the relevance of regional assistance to its reorganisation plans.

I am pleased to be able to say that those discussions have resulted in Lucas Aerospace deciding to open a new factory at Huyton. This will provide employment for about 500 people and will be ready by the time of the already announced closure of the Victor Works in Liverpool. My Department will be providing substantial help to Lucas Aerospace for this highly desirable project. The assistance will consist of the provision of a modern factory on a new site and the payment of grants towards the costs of equipping the factory and towards the working capital requirements.