Rolls-Royce Grows Presence in Northern Virginia :

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Rolls-Royce Grows Presence in Northern Virginia
Communiqué publié le 28/12/2007 à 20h00

Rolls-Royce today announced two steps to better position its business activities in North America. In mid-2008, the company will move its North American corporate headquarters, which employs 130 people, from Chantilly, Virginia to a new building in Reston, Virginia. It will then begin to consolidate its North American Purchasing organization in the Chantilly office, which will likely result in approximately 100 new jobs in Virginia.

Last month, Rolls-Royce announced plans to expand its global capability by investing in two new aerospace facilities, one in Prince George County in Virginia and one in Singapore. This expanded global capability will better position the company to meet the increasing needs of its global business and its growing customer base around the world.

James M. Guyette, President and CEO, Rolls-Royce North America said: "For many reasons, we believe that Virginia is the ideal place for us as we continue to grow our business and raise our profile in North America."

Corporate note to editors:

1. Rolls-Royce operates in four global markets - civil aerospace, defense aerospace, marine and energy - and is investing in technology and capability that can be used in each of these sectors to create a competitive range of products.

2. Rolls-Royce has a broad customer base comprising 600 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces and more than 2,000 marine customers, including 70 navies. The company has energy customers in 120 countries.

3. In 2006, annual sales were $14.8 billion, 53 percent of which are services revenues. The order book at June 30, 2007, stood at $70.2 billion, which, together with demand for services, provides visibility as to future activity levels.

4. A significant and growing industry player in North America, Rolls-Royce employs nearly 8,000 people at more than 66 US locations in 26 states and seven sites in six Canadian provinces.

5. Each year, Rolls-Royce businesses and operations in North America generate over $3 billion in sales and the company's total US investment is nearly $1 billion. The region is home to the global headquarters for several Rolls-Royce businesses including Energy, Corporate & Regional Aircraft, Helicopter Engines and Defense North America. US interests hold 25 percent of Rolls-Royce shares. More Rolls-Royce engines are built in the United States than anywhere else in the world.

6. Rolls-Royce North America is a socially responsible corporate citizen and a good neighbor. The company and its employees actively support their local communities. In 2006, the organization contributed more than $1.1 million to philanthropic organizations and activities in the region.

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