| Indian-owned
Jaguar Land Rover invests £355 million in
a new UK facility
19th September, 2011
Following
recent discussions between Indian-owned Jaguar Land
Rover (JLR) and UK Government ministers, JLR confirmed
a £355 million investment in a new facility
to manufacture all-new, advanced technology, low-emission
engines in the UK which is is expected to create
up to 750 highly-skilled engineering and manufacturing
jobs. The announcement of the investment by JLR,
a subsidiary of India's Tata Motors, was marked
by a visit to the company's Solihull vehicle production
plant by Rt Hon Nick Clegg MP, Deputy Prime Minister
and Rt Hon Dr Vince Cable MP, Secretary of State
for Business Innovation and Skills. The new advanced
engine facility will bebuilt at i54 South Staffordshire,
a business park near Wolverhampton in the UK's Midlands.
Dr Ralf Speth, Chief Executive
Officer, JLR, said: "As part of our long-term
strategy for the JLR business, we will design,
engineer and manufacture a new family of advanced
engines. This is a major commitment for our company
and we will produce these advanced, highly-efficient
engines for future Jaguar and Land Rover models
at a new facility in the UK.
"As we invest £1.5
billion a year for the next five years on new
product developments, expanding our engine range
will help us realise the full global potential
of the Jaguar and Land Rover brands. The all-new
family of 4 cylinder engines will increase JLR's
capability to offer high performance engines with
class-leading levels of refinement, whilst ensuring
continued significant reductions in vehicle emissions."
Mike Wright, Executive Director,
JLR, said: "I would like to pay tribute to
the strong support we have received for this project
from our key partners. The constructive and collaborative
support we have received from the Government,
our trade union colleagues, Local Authorities,
local MPs, and of course our employees has been
crucial in enabling us to reach this very significant
decision."
The engine manufacturing
facility is expected to create up to 750 highly-skilled
engineering and manufacturing posts at JLR, along
with thousands more highly-skilled manufacturing
jobs in the supply chain and the wider UK economy.
Jaguar Land Rover employs more than 19,000 people
directly in the UK and supports up to 140,000
jobs in total through the supply chain, dealer
network and wider economy.
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