Gloucester - Business and Industry

Business and Industry

Gloucester has a long history in the aerospace business. In 1926 the Gloucestershire Aircraft Company at Brockworth changed its name to the Gloster Aircraft Company because international customers claimed that the name "Gloucestershire" was too difficult to spell. A sculpture in the city centre celebrates Gloucester's aviation history and its involvement in the jet engine. Frank Whittle's pioneering turbojet engine powered the first British jet aircraft, which first flew at the company's airfield at Brockworth. This is commemorated by the pub "The Whittle" at Gloucester Business Park, which now occupies the site. Roads in the Business Park are named after other Gloster aircraft, and a small statue overlooks the site of the old main runway. Messier-Dowty's landing gear plant and Smiths Aerospace Dowty Propellers plants are on the outskirts of the city.

Gloucester is home to the headquarters of Cheltenham & Gloucester at Barnwood, a major mortgage lender, and now a subsidiary of Lloyds TSB. The large insurer Ecclesiastical Insurance is based in the city, as is its owner, the charity Allchurches Trust.

Gloucester was the home of Priday, Metford and Company Limited, a family milling firm which survived for over one hundred years, and hydraulic engineering firm Fielding & Platt.

Gloucester Business Park is a business park on the outskirts on the city and is home to a number of big brands including Fortis and Detica.

Read more about this topic:  Gloucester

Famous quotes containing the words business and/or industry:

    It is hard to say which is the greatest fool: he who tells the whole truth, or he who tells no truth at all. Character is as necessary in business as in trade. No man can deceive often in either.
    Philip Dormer Stanhope, 4th Earl Chesterfield (1694–1773)

    It is while we are young that the habit of industry is formed. If not then, it never is afterwards. The fortune of our lives therefore depends on employing well the short period of our youth.
    Thomas Jefferson (1743–1826)