ASG Group Calls for Investment in Aerospace Supply Chain to Drive UK Economic Resurgence
ASG Group, a major aerospace conglomerate with seven manufacturing sites across the UK, is urging the UK government to back investment in the aerospace supply chain as part of the upcoming autumn budget. As the industry seeks to recover from recent global challenges, ASG Group’s leadership believes that strategic support for aerospace manufacturing can play a crucial role in driving the country’s economic resurgence.
The aerospace sector has long been a cornerstone of the UK economy, providing high-value jobs, supporting advanced manufacturing, and driving innovation. ASG Group, with its extensive network of manufacturing locations and a strong reputation for delivering high-precision aerospace components, is well-positioned to lead this push for growth. However ASG Group believes that realising the sector’s full potential will require government action to strengthen the entire supply chain.
“Now is the time for the UK government to take bold steps to ensure that our aerospace supply chain remains competitive on the global stage,” said Simon Weston, Group Managing Director of ASG Group. “The sector has proven its resilience through recent turbulence, but without a long-term vision from the government, we risk losing ground to international competitors. Investment in the aerospace supply chain can drive growth, create jobs, and secure the UK's place as a leader in this crucial industry.”
ASG Group has seen a strong resurgence in demand for aerospace components and systems as global air travel and aviation manufacturing rebound. However, like many in the industry, the company faces challenges related to rising energy costs, supply chain disruptions, and the need for investment in next-generation manufacturing capabilities. Weston believes that targeted government support could help address these challenges and unlock new opportunities for growth.
“We need a strategic approach that focuses on building resilience within the supply chain,” Weston continued. “That means support for advanced manufacturing technologies, energy cost relief, and investment in skills training. The aerospace sector is uniquely positioned to contribute to the UK’s economic recovery, but we need the government to create an environment where businesses like ours can thrive and innovate.”
ASG Group’s call for support comes as the Labour government prepares to unveil its autumn budget, which many industry leaders hope will include measures to boost UK manufacturing and support key industries. According to Weston, a focus on aerospace could have a ripple effect, benefiting the wider manufacturing sector and strengthening the country’s industrial base.
“Investment in aerospace is an investment in the broader manufacturing sector,” he explained. “Every component we produce depends on a network of suppliers and partners across the UK, creating jobs and driving economic activity in communities large and small. A strong aerospace industry supports innovation and skills development, ensuring that the UK remains at the forefront of advanced manufacturing.”
With seven manufacturing locations across the country, ASG Group plays a significant role in local economies, providing high-quality jobs and partnering with smaller firms that are critical to the supply chain. The company believes that targeted government support can help these businesses scale up and meet the increasing demands of the global aerospace market, ensuring that the UK remains competitive on the world stage.
“Our message to the government is clear: if you want to see a strong economic recovery, you need to invest in the industries that have the potential to lead it,” Weston said. “The aerospace sector has the skills, the expertise, and the track record of delivering growth. With the right support, we can help drive the UK’s economic resurgence and ensure a sustainable future for British manufacturing.”
As the government prepares to announce its autumn budget, ASG Group is hoping that the voices of industry leaders will be heard. With its call for targeted investment in the aerospace supply chain, the company aims to ensure that the UK is well-positioned to seize the opportunities of a changing global market, bringing prosperity and innovation to the country’s industrial heartlands.