Jaguar Land Rover to build new factory
The new factory – at i54 South Staffordshire, a business park near Wolverhampton – will cost £355 million. JLR says it will create 750 jobs. Thousands more roles are expected to be created in the supply chain.
JLR chief executive Dr Ralf Speth 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.
'Expanding our engine range will help us realise the full global potential of the Jaguar and Land Rover brands. The all-new family of four-cylinder engines will increase JLR's capability to offer high performance engines with class-leading levels of refinement, while ensuring continued significant reductions in vehicle emissions.'
The Government is supporting the new factory with a £10 million grant through its ‘Grant for Business Investment'.
Business Secretary Vince Cable said: ‘JLR choosing Wolverhampton for its new engine plant in the face of tough international competition is a tremendous boost for manufacturing in the UK and the West Midlands in particular.’
The new range of four-cylinder petrol and diesel engines is likely to be used in a number of Jaguar models, including the XF, and XJ and a possible future smaller saloon.
Land Rover is expected to use them for the Freelander, Range Rover Evoque and also the new Defender.