Aerospace Industry
Debate between Laurence Robertson and Mark Tami(10 years, 2 months ago)
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Mr Laurence Robertson (Tewkesbury) (Con)
The hon. Gentleman is making a good speech. However, the biggest employer in my constituency is GE Aviation, an American company that has been visited by ex-Ministers. There was concern about its plans when it took over the plant, but it has heavily invested in it.
Mark Tami
I clearly welcome that. As I have said, it is good that we have American companies over here, but I would like to see more British companies buy companies in America, although that often seems difficult. There are great opportunities for us, but there are threats as well. We must learn the lessons of the past. We have lost many manufacturing companies that we thought would go on for ever, and many will never return. Aerospace is a great opportunity and we must grasp it and invest, not just let it fall by the wayside.