AEROSPACE engineering firm Dowty Propellers is moving to Vantage Point Business Village in Mitcheldean after their Staverton plant , near Gloucester, was gutted by fire.
The firm is one the world's leading manufacturer of hi tech propellers for aircraft such as the C130J Super Hercules transporter and the Bombardier Dash 8 Q400 passenger aircraft.
The fine details of the lease are still being tied up but production is set to resume within 12 weeks.
A Vantage Point Spokesmam said: "Dowty Propellers are hoping to move to Vantage Point Business Village in Mitcheldean this month following the blaze in February which gutted the company's production factory at Staverton, where 250 staff were employed.
For the full story buy The Forester.