Rolls-Royce to create hundreds of jobs with new investment

Rolls-Royce has announced it will be creating hundreds of new jobs in Derby as part of a £55 million investment.

The engineering giant is investing in its assembly, test and shop visit capacity at its civil aerospace site in Sinfin, as well its German base in Dahlewitz.

The new investment aims to address long-term demand for new civil large engines and improve customer aftermarket support services for its global Trent fleet.

More than 300 jobs will be created – of which 200 will be in Derby. About half of the £55 million will be invested in its Sinfin site.

Rob Watson, president of civil aerospace at Rolls-Royce, said: “These latest investments in our engine build and services capacity is further proof of our commitment to deliver both excellent products and services to our global customer base.

“We are ready to support our continued growth in the widebody market – delivering even greater availability, reliability, and efficiency.”

The investment includes expansion of engine build capacity in Derby to provide more than 40% more new engines per year from 2025 (compared with the average over the last 10 years) and increase of services capacity.

Part of the plan is the utilisation of already existing engine test capability for civil large engines in Dahlewitz to support near term services demand before transitioning to assemble and test new Trent XWB-84 engines in 2026.

These investments follow last month’s announcement to invest £1 billion in a continuous improvement programme for the Trent engine family.

The news also comes on the back of Rolls-Royce announcing a record set of full-year results, driven by measures implemented to transform the business,

In February, the firm, which also has its defence business in Derby, reported a jump in underlying operating profit, which grew from £652 million in 2022 to almost £1.6 billion last year.

Meanwhile, revenues grew from almost £12.7 billion to £15.4 billion.

The company also posted record free cash flow of almost £1.3 billion.