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300 jobs created as new castings factory opens in Telford-The 19th China (Guangzhou ) Int’l Casting product Exhibition
4/25/2018 铸件展-casting expo-Die-casting expo-foundry expo |
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Shropshire Star quoted Councillor Davies, who was one of the guest speakers at the official opening as saying that "This is a huge deal for Telford and Wrekin.It is the single biggest foreign investment deal in the region in the last 10 years. Anybody who goes into Telford town centre can see this huge factory on the horizon. The company will be making component parts for Jaguar Land Rover. This factory represents one contract Magna has got and one of the things we did as a council is future proof the site, so if they win other contracts they can actually expand this site.It has created 300 direct jobs for Magna and hundreds more in the supply chain."
He said that "There is already a huge willingness on behalf of the company to engage with local supply chain companies. We held an employment fair a few months ago – 1,200 people came to it to compete for those jobs so it is really good news. As a council we are business winning and business supporting. From Magna''s point of view this was a prime site. We were competing with may other sites right across the country and Europe to get this deal. It is important for Telford to have thriving and successful businesses."
It is the largest automotive development in the West Midlands after the Jaguar Land Rover complex at the i54 site.
Magna''s subsidiary Cosma International took over metals pressings specialist Stadco in 2015, promising investment in the business, and the new development shows that promise coming to fruition.
Work on the new castings facility development began in the autumn of 2016 and production has already begun, with the first shipment taking place last Friday.
The facility will use Magna''s high-pressure vacuum die casting process to produce a number of advanced lightweight aluminium castings – which are seen as a key building block in the next generation all-aluminium and multi-material vehicle architectures.
The parts made at the site are to be for body structures of JLR''s cars.
Mr Ben Goater, general manager of CCUK, said that "This is a very proud moment. A lot of hardwork has gone into building this team. These are very highly skilled jobs, including fixing complicated machinery. We had a shortlist of five sites. We looked at a number of factors including local support, road network and skills in the area. We thought Telford fitted us really well."
Once fully operational, the site is set to have eight die cast machines and dozens of robots.
Mr Goater added that "There is land around here for us to grow further but our main focus at the moment is getting this site full."
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-The 19th China (Guangzhou ) Int’l
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