More than 250 jobs will be created after Brose, a German-owned automotive supplier in Warwickshire, announced a £7 million expansion.
The company, based on the Bayton Road Industrial Estate just outside Coventry, is to more than double the size of its plant by creating a 118,000 sq ft extension.
Brose’s UK managing director Steve Wilkins said: “Currently, we are going through a period of growth and that has been the trend for some time. We are busy right across all areas of our operation and see now as the right time to move the company forward. We have developed a very skilled and loyal workforce and a very solid base in the UK. Expanding on our current site was always our preferred option,” he added.
Brose, which specialises in mechatronic systems and electric drives in the automotive industry, has been based on the site for more than 20 years and currently employs 230 members of staff.
A rise in orders over the last 18 months means that the company will grow its workforce to 500 by 2015.
These new jobs created by the expansion will include production supervisors, quality engineers and process engineers. Brose UK had to purchase 1,000 sq ft of land from Nuneaton and Bedworth Borough Council to allow the expansion to happen.
North Warwickshire and Bedworth MP Dan Byles said: “Brose is a renowned global business but is also a local success story. It is totally in our interest for it to be able to expand locally and to continue to contribute to our economy.
“All parties have worked for that one aim and it is great to see that work is about to start. I look forward to see the new, extended plant in full flow when it opens next year.”
Councillor Alan Farnell, leader of Warwickshire County Council, added: “Brose is a shining example of what can be achieved in industry and we are delighted that they have chosen to continue to invest and create jobs in the area.”