Automotive manufacturing group Sertec is creating 400 jobs over the next four years at its plants in Birmingham.
The news was revealed as Chancellor George Osborne visited the Coleshill headquarters of the car parts firm.
The jobs will be based at the firm’s new component assembly hall at Wincaster House, the former HQ of failed telecomms firm Greenwoods Communications, and its newly-expanded pressings facility nearby.
Mr Osborne called Sertec a 'great manufacturing company' and thanked bosses for inviting him to the firm.
The company was given the manufacturing prize at this year’s Birmingham Post Business Awards, held at Edgbaston Stadium in October.
He said: “I’m here because you’re a great manufacturing company, of the kind we need to see many more of in this country. You make parts for British cars that are exported all around the world.
“When we hear on the news that our economy is recovering, people wonder what it means for them. For some it feels abstract, remote.
“But here there’s nothing abstract about the 200 new employees this company has created in the last year. Or the 400 additional people that Sertec has announced today it will be taking on in the next four years.
“That’s a vote of confidence in the workforce here. It’s a vote of confidence in the Midlands.
“You know that there are hundreds of companies in dozens of countries that would like to be manufacturing the products you make here. And it's only because of your skill and your professional approach that the work comes here – here to this company.”