jlr confirms to invest millions in operation in britain
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

JLR confirms to invest millions in operation in Britain

Arab Today, arab today

Arab Today, arab today JLR confirms to invest millions in operation in Britain

Britain's biggest car maker Jaguar Land Rover(JLR)
London - XINHUA

Britain's biggest car maker Jaguar Land Rover(JLR) Wednesday confirmed it is to double the size of its advanced engineering and design center at its headquarters near Coventry, adding land the size of 30 football pitches to its estate.
The confirmation came after media reports trailed an expected announcement from the JLR about plans to invest almost 1.3 billion U.S. dollars in the West Midlands area of England.
The company said in a statement its latest multi-million pound investment will house highly-skilled product development engineers and support the company's creation of high technology ultra-low emission vehicles for its customers in 180 markets around the world.
JLR said it had completed the purchase of an additional 62 acres at Whitley, more than doubling the current 55-acre site.
Dr. Ralf Speth, Jaguar Land Rover's CEO, said: "Our expansion will help ensure the sustainable growth of Jaguar Land Rover, with the development of ultra-low emission technologies. Design leadership, technical innovation and engineering excellence lie at the heart of this responsible business and we are committed to investing in the skills needed to continue this success into the future."
The company, which already employs 4,000 engineers at its site at Coventry, has more than doubled its workforce in the last five years, creating 18,000 new jobs. The expansion in its Coventry center is expected to create a further 4,000 skilled jobs.
Around 8,000 engineers and technologists are based at its two British engineering and design centres in the West Midlands and at an advanced research center at the University of Warwick.
The company statement added: "JLR is investing more than ever before in new technologies and facilities. In the financial year to the end of March 2016 the business will spend over 4.5 billion U.S. dollars on product creation and capital expenditure, launching 12 major new product actions."
JLR says its strategy will see 50 major new and model year vehicle upgrades over the next five years. Wednesday's announcement follows the recent unveiling of the foundation stone and the start of construction of the 225 million U.S.dollars National Automotive Innovation Centre (NAIC), which will open at the University of Warwick in 2017, providing a state-of-the-art technology hub for JLR's advanced research team as well as for academics.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

jlr confirms to invest millions in operation in britain jlr confirms to invest millions in operation in britain

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

jlr confirms to invest millions in operation in britain jlr confirms to invest millions in operation in britain

 



GMT 16:52 2017 Tuesday ,21 February

Iraqi troops push into Daesh-held southern

GMT 10:50 2017 Tuesday ,05 December

Technip lands Bahrain refinery mega contract

GMT 08:12 2017 Monday ,10 April

Minister receives School Mini Olympics winners

GMT 13:15 2017 Thursday ,31 August

Al-Basher Arrives in the Holy Land

GMT 18:19 2017 Tuesday ,17 October

Producers' group moves to expel Weinstein

GMT 13:00 2015 Sunday ,18 October

DEWA participates in 11th Women’s Forum in France

GMT 15:48 2017 Wednesday ,22 February

GOIC Encourages Paper Industry in GCC States

GMT 02:41 2016 Tuesday ,08 November

US, Turkey COS held talks on Syria, Iraq

GMT 23:18 2017 Wednesday ,22 November

HRH Premier lauds Bahrain's ability to host major events
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday