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Old 14th May 2019, 14:12
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Nige321
 
Join Date: Jul 2003
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Although not for long, it could be Duxford, Cranfield, or Wyton...
They're moving!

Marshalls on the move...

Marshall Aerospace and Defence Group announced the relocation of Cambridge Airport earlier this afternoon (May 14).Along with its relocation, the company has announced it will be putting the airport site forward for development as part of the next Local Plan.The Newmarket Road site could provide space for 12,000 new homes as well as around five million square feet of business and commercial space.The family business has said it will continue to prioritise "supporting and retaining its valued and highly skilled workforce" through the move.Commenting on the announcement, Alex Dorrian, Executive Chairman of Marshall said: "This is a momentous day for Marshall when two opportunities coincide to create a launchpad for ambitious long-term plans for the future of Marshall and also for Cambridge."Our commitment to our businesses, our employees, and to Cambridge is driven directly by our shareholders. This is the beginning of an exciting phase for Marshall during which time we will build on our successes and focus ever more closely on delivering a unique Marshall experience to our customers."There is a great deal of ground to be covered before any decisions can be announced and that work is now underway. We will also be working closely with the local planning authorities, as they move to the next stage of the development of the 2030+ local plan." Members of the media were invited to a press conference this afternoon, where news of the move was released.

The news of the Cambridge Airport relocation has come as a shock to many people across the city

When will the relocation take place?

During the conference, Alex Dorrian, Executive Chairman of Marshall, said the development is likely to be completed by 2030.

In the meantime, the company's focus will be on its employees and looking after its customers.In a statement released today a spokesperson for the company said: "We have many significant contracts under way and have recently been increasingly successful in winning new business which will keep us busy for many years."We already have in place a substantial investment programme for the business and the Cambridge site, including the refurbishment of several of our ageing hangars and this will not be affected by the announcement today."


Where will it relocate to?

Marshall Aerospace and Defence Group has said it is considering three potential new locations: Cranfield, Duxford and Wyton.

These three sites have been chosen with the Marshall workforce in mind.It is understood each of the sites has plenty to offer Marshall, although each of them also has substantial challenges, which will need to be addressed before any final decisions are made. It is still possible, that one or more of these options may ultimately prove not to be viable.

Discussions with stakeholders for all three sites will take place over the coming months.

The new site is expected to be announced next year.
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