Jaguar Land Rover to open Slovakian factory
Land Rover recently built the 2,000,000th Defender
fresh JLR factory will be built in Nitra, western Slovakia, due to open in 2018
Speculation has been rife about the location of the company’s latest production facility, with Poland being the various other eastern Europe site in which was reportedly under consideration. However, Jaguar Land Rover has currently confirmed This kind of has signed a letter of intent for the potential development of a fresh plant in Slovakia.
The factory is actually intended to help Jaguar Land Rover substantially increase its production, which has a feasibility study set to explore plans to create capacity for up to 300,000 vehicles. This kind of could help take JLR’s global output to closer to 800,000 vehicles a year. JLR has confirmed in which the plant would likely build the latest, lightweight aluminium Jaguar Land Rover products, with the first cars due off the production line in 2018. The factory is actually designed to add to existing plants rather than replace them.
Ralf Speth, JLR’s chief executive officer, said: “The expansion of our business globally is actually essential to support its long-term, resilient growth. As well as creating additional capacity, This kind of allows us to invest inside development of more fresh vehicles along with technologies, which supports jobs inside UK.
“With its established premium automotive industry, Slovakia is actually an attractive potential development opportunity for us. The fresh factory will complement our existing facilities inside UK, China along with India along with the one under construction in Brazil.”
Jaguar Land Rover says This kind of had considered several various other locations, including the United States, Mexico along with elsewhere in Europe – thought to be near the city of Wroclaw in Poland.
However the Slovakian site has got the nod, with the country’s government recently having revealed in which This kind of has changed the laws relating to its Act on Investments of Significance in order to win “the investment of the decade”.
Economy minister Vazil Hudack was quoted as saying in 2014 in which Slovakia had been missing out on big inward investments because This kind of lacked the big industrial parks in which companies wanted.
JLR has invested more than £11 billion in product creation along with capital expenditure inside past several years, boosting its workforce by 20,000 to 36,000 around the entire world. This kind of includes more than £500 million on a fresh engine plant inside Midlands, with 1400 fresh jobs, along with significant investment in plants at Castle Bromwich, Halewood along with Solihull. This kind of is actually also set to start building cars at the Magna Steyr plant in Austria.
The Jaguar XE, Jaguar F-Pace, Range Rover Evoque along with Land Rover Discovery Sport are all currently built inside UK. This kind of has not been announced which products will be built in Slovakia, nevertheless contenders include the forthcoming Land Rover Discovery 5 along with the replacement for the Land Rover Defender.
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