Body-part specialist Stadco has acquired a major automotive manufacturing facility in Telford.
The company hopes the new plant in Shropshire will help it capitalise on the increase in manufacturing activity in the UK automotive sector. The acquisition will result in an additional 50 permanent jobs being created at the site with a further 30 required during the start up phase.
Stadco is a key supplier in the UK for JLR, producing parts across the range of vehicles, including the Jaguar XF and XK, and Land Rover Defender, Freelander, Discovery, Range Rover and Range Rover Sport vehicles.
The Telford site is 18 acres and will initially incorporate two large mechanical stamping lines, a fully-equipped toolroom and a further 24,000sqm of manufacturing area for future expansion. Stadco will start commissioning this month, ramping up to full production in June 2011.
“We are very excited and optimistic about Stadco’s future,” said managing director Dermot Sterne. “After having had to react to the impact of the industry downturn, then consolidate and restructure our business, it is clear that Stadco is now well placed to take advantage of the increase in economic activity. The new facility will provide the company with a further platform needed to meet the future requirements of our customers for years to come.”