AN investigation has been launched after turbine blades worth £114,000 disappeared from a hi-tech firm on the outskirts of Colne.

Detectives have launched a probe into the disappearance of 114 blades, used in the construction of power stations, from Ele Advanced Technologies, in Cottontree Lane.

The blades, which are treated at the plant before being shipped out to customers, are said to have disappeared from a compound at the firm between February 14 and 23.

Sgt Andy Cartwright, of Colne Police, said that each of the 'Inconel' blades, which are made of a composite metal, was valued at around £888 each.

But because they had been modified, with what is believed to be a titanium coating, at the plant, they are now worth around £1,000.

He added: “We are checking with scrap metal dealers in the area at the moment and enquiries are still ongoing.

“The chances are that the blades have disappeared over a period of time and we will be checking CCTV footage from over the past two weeks.”

The technology firm has two bases in Colne, one in Cottontree Lane and another in Skipton Road, and employs more than 160 people.

The company, as well as its turbines work, also manufactures turbocharger components and turbines housings for the motor industry.

The theft is the latest in a string of major metal raids in East Lancashire, caused by the high scrap value of various materials.

Old railway lines have been stolen in Cliviger, a cast-iron bell was taken from former Burnley General Hospital buildings and gully grates have been removed from a number of locations across Burnley and Pendle.

People able to assist with the latest Cottontree Lane theft are asked to call Colne Police on 01282 472485.