Exeter company wins £1.4m terminal 2 contract
Exeter’s Wood&Wood Signs has been revealed as one of the UK businesses behind the development of Heathrow’s brand new Terminal 2 building.
The local company scooped the £1.4 million contract to design, manufacture and install more than 5,000 signs throughout the new terminal building set to open in June 2015.
By getting the contract Wood&Wood signs have been able to hire new staff and buy new super-efficient paint ovens which cut down on emissions and manufacturing costs
Speaking about the project, Nic Jeal, Managing Director at Wood&Wood Signs commented: “The contract has been like an insurance policy for our business, allowing us to invest in staff and equipment to help us continue to grow.”
At £2.5bn the development is one of the of the largest privately funded construction projects in the UK.
More than 140 UK businesses have been involved in its construction, drawing together expertise from across the country and supporting over 35,000 jobs.
Secretary of State for Transport, Patrick McLoughlin said: “The building of Heathrow’s Terminal 2 has delivered real benefits, not just to the South East but to many regions throughout the country as it has sourced the necessary skills, expertise, raw materials and services it needs.
“I am proud that we are known for having a high quality, highly skilled and hardworking supply chain. This report clearly demonstrates that infrastructure, engineering and construction companies across the country are sharing the benefits from projects such as T2 and helping to build a stronger UK economy.”
John Holland-Kaye, Heathrow Development Director, concluded: “Investment in Heathrow is making a significant contribution to Britain’s economic recovery, creating jobs across the UK, allowing our suppliers to invest in training and innovation and giving them a fantastic showcase for their work. It demonstrates how expansion at Heathrow will not only create jobs when it has been built, by connecting British exporters directly with emerging growth markets, but also create jobs across the UK while it is being built.”
In the coming weeks, the development of Terminal 2 will move into a new phase as Heathrow, its airlines and other operators begin to get the terminal ‘passenger ready’. This will include six months of intensive preparations, with more than 180 trials and tests involving over 14,000 people.
