A GROWING engineering firm is hoping to strike a deal with luxury carmaker Aston Martin as part of a £1million investment.

BCW Engineering is in negotiations to make chassis parts for Aston vehicles, beloved of James Bond, as well as sports car manufacturer Lotus.

The proposed tie-up would see BCW, currently split across two sites in Burnley, take up a new 10,000 square feet unit at the town’s Aircelle plant in Bancroft Road.

And it also means bosses would be able to take on an extra 17 skilled staff.

Director Paul Biggs said: “This would be a great deal for us and things seem to be going well at the moment.

“To become a supplier for a company like Aston Martin would be great for the staff and great for the company.”

Just weeks ago BCW secured a £75,000 North West Development Agency grant.

The firm was founded in 2002 by Mr Biggs, fellow director Alec Cassie and mystery third investor ‘Mr W’, who acts as a ‘silent partner’.

In eight years, the company has carved out a niche in supplying precision components to aerospace and automotive firms including BAE Systems, Aircelle and Jaguar.

Mr Biggs, a former worker at Manchester-based Hyde Group, said BCW’s contracts in both sectors had insulated it from the worst of the recession.

He said: “I think the key to our success has been our diversity.

“If we had concentrated completely on automotive work then we would have had a really rough ride in the past two years.

“It has still been tough but our aerospace work has helped us through.

“Now I think we are looking good for the future and our move on to the Aircelle site will help us develop.”

Currently, the £7.5million-turnover business is based on sites in Bancroft Road, near to Aircelle, and Smalshaw Industrial Estate, Phoenix Way.