Gestamp To Invest £70 Million For New State-Of-The-Art Stamping Plant in United Kingdom

Specifications:

Name:

Gestamp To Invest £70 Million For New State-Of-The-Art Stamping Plant in United Kingdom

Location:

United Kingdom

Company:

Gestamp

Estimated Cost:

£70 Million

Source:

gestamp.com

Introduction:

Gestamp, an international group dedicated to the design, development and manufacture of metal automotive components, plans to build a new manufacturing facility in Four Ashes near Wolverhampton (West Midlands).

Features:

The new plant will upgrade the company’s industrial capabilities in the region and will entail an investment of over £70 million. The new West Midlands plant expects to host state-of-the-art stamping equipment in its 50,000 square metres and is designed to safeguard the 800 jobs at Gestamp’s current Cannock plant by progressively moving production to the new facility.

The goal of the project is to create a more efficient and competitive, customer focused factory with opportunity for further growth with both existing and new clients in the future.

A transfer servo press line, also known as XL press, will bring a completely innovative technology of hot stamping, aiming to provide a better service to customers in the area, namely BMW, Honda, JLR, Nissan-Renault and Toyota. Plans are for production to start before the end of 2017.