Rolls-Royce Expands Virginia Manufacturing Operations

  Rolls-Royce Expands Virginia Manufacturing Operations

Business Wire

PRINCE GEORGE COUNTY, Va. -- November 14, 2012

Rolls-Royce, the global power systems company, today announced that
construction will begin on a new advanced manufacturing facility at
Rolls-Royce Crosspointe in Prince George County, Virginia. The Group is
investing $136 million to develop an Advanced Airfoil Machining Facility
(AAMF), which will create 140 new, highly skilled jobs. The new AAMF will be
located alongside the company’s Rotatives manufacturing facility on the
1,000-acre Crosspointe campus, located just south of the state capital,
Richmond.

“Rolls-Royce is making significant investments in the United States and around
the world to ensure we have the capacity to deliver on our promises to
customers,” said James M. Guyette, Chairman, President and CEO, Rolls-Royce
North America. “With a mixture of manufacturing and research facilities,
Crosspointe is a center of excellence for precision engineered, high tech
components. The expansion will help attract suppliers to Crosspointe, creating
an advanced manufacturing hub in Prince George County and driving job
creation.”

The 90,000 square feet AAMF facility will produce turbine blades and nozzle
guide vanes for Rolls-Royce engines, including the Trent 900, Trent 1000 and
Trent XWB engines. These advanced aero engines are used on some of the most
sophisticated aircraft in the world, including the Boeing 787 Dreamliner,
Airbus A380 and Airbus A350. Construction is expected to be completed on the
new AAMF facility by the end of 2013, with the first components produced in
late 2014.

“Rolls-Royce’s announcement of the imminent construction and start of its
second global manufacturing aerospace facility here in the Commonwealth of
Virginia is cause for pride, celebration and great responsibility among all
Virginians and our steadfast friends at this world-class technology company.”
said Virginia Governor Bob McDonnell. “This additional major investment in the
Crosspointe campus builds on the momentum of Virginia’s partnership with
Rolls-Royce, while also further diversifying and strengthening our state’s
strong economy. Rolls-Royce Crosspointe truly has become a beacon for
excellence in America-- a strategic intersection for high-skilled job
creation, cutting-edge innovation and global competitiveness, achieved as an
integrated team sharing a common vision.”

Rolls-Royce Crosspointe

Rolls-Royce Crosspointe is the Group’s largest and newest advanced
manufacturing and research campus in North America. Today, the first line at
the Rotatives facility is operational and producing discs for the Group’s
advanced civil aerospace engines.

The Crosspointe campus also includes the newly-opened 60,000 square foot
facility for the Commonwealth Center for Advanced Manufacturing, a
collaboration of government, university and cross-industry business partners
focused on breakthrough developments in advanced manufacturing research and
technology in America.

Notes to Editors:

1.Rolls-Royce is a world-leading provider of power systems and services for
    use on land, at sea and in the air, and has established a strong position
    in global markets - civil aerospace, defense aerospace, marine and energy.
2.As a result of this strategy, Rolls-Royce has a broad customer base
    comprising more than 500 airlines, 4,000 corporate and utility aircraft
    and helicopter operators, 160 armed forces, more than 4,000 marine
    customers, including 70 navies, and energy customers in more than 80
    countries.
3.Annual underlying revenue was $18.1 billion* in 2011, of which more than
    half came from the sale of aftermarket services. The firm and announced
    order book stood at $96.2 billion* at June 30, 2012, providing visibility
    of future growth.
4.Rolls-Royce employs over 40,000 people in offices, manufacturing and
    service facilities in over 50 countries. Over 11,000 of these employees
    are engineers.
5.In 2011, Rolls-Royce invested $1.4 billion* in research and development,
    two thirds of which had the objective of further improving the
    environmental performance of its products, in particular reducing
    emissions.
6.Rolls-Royce supports a global network of 28 University Technology Centers,
    which connect the company’s engineers with the forefront of scientific
    research.
7.The Group has a strong commitment to apprentice and graduate recruitment
    and to further developing employee skills.
8.In North America, Rolls-Royce employs more than 9,300 people in 66
    locations in 26 states and 7 sites in 6 Canadian provinces. In the United
    States, Rolls-Royce employs more than 7,700 people in 26 states.
9.In the U.S., Rolls-Royce operates 15 manufacturing, assembly or test
    facilities in 10 states including California, Indiana, Louisiana,
    Maryland, Massachusetts, Mississippi, Ohio, Texas, Virginia and
    Washington.

                                         * Assumed exchange rate: £1.00= $1.60

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Contact:

Rolls-Royce North America
Joel P. Reuter
Director of Communications
M: 317-410-1000
O: 317-230-6662
Email: joel.reuter@rolls-royce.com
www.rolls-royce.com
 
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