The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Friday, 9 November 2007

Prestwick Airport chief Mark Rodwell welcomes
Glasgow’s Commonwealth Games win

AYRSHIRE'S Glasgow Prestwick Airport, one of two airports serving the Greater Glasgow area, has welcomed the decision by the Commonwealth Games Federation to award the 2014 event to Glasgow.

Glasgow Prestwick Airport chief executive Mark Rodwell commented: “This is fantastic news for Glasgow and Scotland as it will result in a major feel-good factor as well as massive benefits in sport, tourism, regeneration, inward investment and prestige.

“We would like to congratulate all those who were involved in the bid for demonstrating that Glasgow has both the ability and the passion necessary to host large sporting and cultural events.

“Both the airports serving Glasgow - Glasgow Prestwick and Glasgow Abbotsinch - will have a major role to play, and we look forward to holding discussions with the organisers and the Scottish Government to ensure that the transportation into Scotland for this event is world class.

“This is also an opportunity to build on some of the excellent work that has been done in the past, like when Glasgow expertly welcomed thousands of football fans for the Champions League Final in 2002 and the UEFA Cup Final in 2007, when both airports played a major part.”

Glasow Prestwick Airport is privately owned by Infratil, a New Zealand investment company which also owns Wellington International Airport and Kent International Airport at Manston Ramsgate.

Thursday, 8 November 2007

Spirit Aerosystems announces new aircraft
maintenance facility at Prestwick

SPIRIT AEROSYSTEMS has announced its intention to provide aircraft maintenance, repair and overhaul services at its facility at Prestwick, Ayrshire.

The new operation will provide an aircraft maintenance hub for Europe and the Middle East.

The company currently uses its Prestwick facility to manufacture wing parts for Airbus and Boeing planes, as well as other pieces for Hawker Beechcraft aircraft.

The initial scope of work will be focused on repair, overhaul and modification of engine nacelles/thrust reversers for Boeing 737NG and 777 aircraft commencing mid-2008.

The European repair activities will complement Spirit’s Repair Centre in Wichita, Kansas, which has been in operation since 2002, and which continues global support of operators of Spirit nacelles/thrust reverser products.

Spirit AeroSystems’s decision to provide maintenance, repair, and overhaul services from Prestwick secures the jobs of 750 people currently employed there, and could lead to the creation of more posts.

A spokesman for the Kansas-based company said: “This is good for us as a business. As an aerospace business, if you diversify you become more robust.”

Spirit AeroSystems (Europe) Ltd is based at sites in Prestwick, Ayrshire and Samlesbury, Lancashire. The Prestwick site is home to around 750 employees and is one of the larger employers in the local area. An additional 80 staff are based at Samlesbury. The business provides customers in the commercial aerospace market with airframe structures.

Spirit Europe is part of Spirit AeroSystems Inc. based in Wichita, Kansas.

Spirit AeroSystems is the world’s largest independent supplier of large component parts and assemblies for commercial aircraft.
Spirit Aerosystems Europe

Wednesday, 7 November 2007

Westin Turnberry for sale ahead
of 2009 Open Golf Championship

TURNBERRY, the Ayrshire golf resort that will host the 2009 Open Championship, has been put up for sale by its American owners for up to £100 million.

Starwood Hotels & Resorts, which runs the 219-room resort under its luxury Westin brand, is seeking an outside investor to buy the property and fund a multimillion-pound development programme.

A spokeswoman confirmed: “In line with Starwood’s asset strategy, the Westin Turnberry Resort, Ayrshire, has taken the decision to source an investment partner to realise the development potential of the resort, where there is 300 acres of undeveloped land.”

The company said it had appointed Jones Lang LaSalle Hotels to handle the process, although any deal was dependent on Starwood being retained to manage the resort. It is understood to be willing to retain a minority stake. Starwood acquired the 800-acre resort ten years ago for about £32 million.

Tuesday, 6 November 2007

Ayrshire businessman shortlisted for top award

AN AYRSHIRE-based businessman, whose expertise, mentoring and inspiration has helped many young entrepreneurs to sustain their new businesses, is one of four finalists in line for the coveted title of ‘Volunteer of the Year’ at the Prince’s Scottish Youth Business Trust (PSYBT) & The Royal Bank of Scotland Business Awards being held in Glasgow on 19 November 2007.

Local finalist Svend Kamming was selected from over 600 PSYBT aftercare advisers and panel members throughout Scotland.

Svend has been a PSYBT volunteer in Ayrshire for six years in the role as an aftercare adviser. With a background in retail, leisure and property, Sven draws on his wide experience to manage a wide portfolio of clients, providing advice and support. Svend thrives on seeing the businesses grow and has been proactive in promoting PSYBT’s Growth Fund programme which supports entrepreneurs who have been in business for at least one year and wish to expand, but are struggling to raise the necessary finance. A proactive ambassador for PSYBT, Svend has also been influential in attracting new volunteers both locally and nationally.

The PSYBT help young people aged 18-25 to start-up and continue in business. A PSYBT regional manager assists with everything from compiling a business plan to securing premises. Panel members then review the business plan and manage the loan/grant decision-making process. Once the business is up and running, an aftercare adviser is appointed, all of whom are experts in their fields. The panel members and the aftercare advisers work as volunteers for the organisation, with the sole aim of helping young entrepreneurs sustain their business and offering them crucial advice during the first two years in business.

PSYBT chief executive Mark Strudwick said: “Our regional finalists are committed volunteers and a source of inspiration to many would-be entrepreneurs. It is thanks to them, and our exceptional network of aftercare advisers and panel members that we are able to offer such a comprehensive service which extends long after the funding and initial support. These awards therefore are a celebration of all our volunteers outstanding efforts to help young people succeed in business.”

At the Awards ceremony the Charity will also reveal the ‘PSYBT & RBS Young Entrepreneur of the Year’, a coveted title and one that over 600 young PSYBT supported businesses were eligible for this year.

The other three finalists are Jai Adami from the Borders, Brian Pattinson from Dumfries & Galloway and Gordon Deuchars from Tayside.