ONTIC BUYS TRIUMPH GROUP’S STAVERTON FACILITY

A company which manufactures parts and assemblies and offers repair and overhaul services for aerospace equipment, has expanded in Cheltenham after buying the existing facility and select product lines from Triumph Group, which operates in the same sector.

The Triumph Group’s Staverton facility designs and manufactures ball bearing controls for commercial and military equipment, railways, trains, marine and the motor vehicle industry, supports a range of platforms in the military, civil and marine markets.

This acquisition expands Ontic’s capacity in the UK following the successful growth of its existing facility in Cheltenham.

Gareth Hall, President and CEO of Ontic, said: “Ontic is excited at the opportunity to grow our UK presence with the purchase of the Staverton facility as part of our strategy to expand the licensing solutions we are able to provide our partners across the industry. Not only will we be growing our business footprint with space, equipment and product lines, but we welcome more than 90 employees to Ontic with expertise in mechanical solutions.”

Two Rivers Housing undertakes retrofit pilot project

Two Rivers Housing has appointed Bristolbased gcp Architects to design its social housing decarbonisation pilot project in the Forest of Dean.

The housing association has identified 17 homes in Blakeney to take part in the project, which will see the properties go through a complete retrofit programme.

Following the work, the housing association expects to see at least a 45 per cent decrease in carbon emissions produced by the homes. This should mean that the homes will cost less to heat and run – savings which will be directly passed on to its tenants.

The work undertaken through this pilot project will help inform the housing association’s long-term planned maintenance programme as it looks to improve the energy efficiency of all its homes.

Two Rivers Housing provides affordable housing to more than 4,200 families across Gloucestershire. It was awarded a £500,000 grant by the Department for Business, Energy and Industrial Strategy (BEIS) to partfund the pilot.