Clark confirms £35m jobs boost for ‘world class’ Midland automotive sector
Up to 3,000 advanced manufacturing jobs will be created at an expanded Midland automotive business zone following a £35 million Government cash injection.
The new 24-hectare site in Coventry, known as the Whitley South Infrastructure Project, will open up new growth opportunities for local manufacturers and businesses in the supply chain, creating highly-skilled engineering jobs.
Business and Energy Secretary Greg Clark, who announced the investment today, said he expects businesses to be on site and hiring from 2017-18.
The site is being developed with support from Coventry and Warwickshire LEP (CWLEP), Warwick District Council and Coventry City Council, who have secured further local contributions of £10 million to secure the project.
The new funding will also help improve local industrial transport links, connecting the site up with the A45, and constructing a new bridge to join the new development with an existing Jaguar Land Rover engineering centre.
Mr Clark said:
Our world-class auto sector is leading the way and this new development will create thousands more skilled jobs. It shows how private and public sector can work together to make a difference to the economy.
That’s why every member of my ministerial team has been appointed as a local growth champion, to work with local enterprise partnerships like CWLEP to support key opportunities and increase prosperity.
To coincide with the announcement, CWLEP has also announced it will publish its refreshed Strategic Economic Plan today, which includes ‘Unlocking our Growth Potential’ and ‘Advanced Manufacturing and Engineering’ as its core priorities, as well as underlining the importance of funding the Whitley South Infrastructure Project.
Jonathan Browning, chairman of the Coventry and Warwickshire Local Enterprise Partnership (CWLEP), said:
This is very good news for Coventry and Warwickshire and allows us to further build on the success that has been achieved by our advanced manufacturing sector.
The CWLEP and its partners have worked hard over several years to help ensure the sector can fulfil its potential – including improvements in infrastructure, skills and the supply chain. That work and our overall vision which is set out in the updated Strategic Economic Plan has been well supported by central government, our local authorities and the private sector who all understand our vision for the economy of Coventry and Warwickshire.
This announcement is another major step in helping drive forward our economy and again will help stimulate development and growth in key areas.
Strong growth in the West Midlands has resulted in an acute shortage of land for the private sector to develop, and has limited future job opportunities. Over 15,000 people are employed in the advanced manufacturing sector in the Coventry and Warwickshire LEP area.
It is estimated that the Whitley South Infrastructure Project will lead to 2,710 highly-skilled engineering and manufacturing jobs for automotive firms, including JLR, based at the site.
Planning permission has already been secured for the new 24-hectare site.
JLR has further stated it will take on 125 apprentices, and create a further 250 support staff roles, on moving into the site.
Central government investment of £35 million has been paid to Coventry Council and work will start in the next few months.
Funding from local sources, including Coventry City Council, totals £10.5 million.
According to the most recent statistics from the Society of Motor Manufacturers and Traders (SMMT), which represents the automotive sector, the UK automotive industry accounts for more than £71.6 billion turnover and £18.9 billion value added.
You know when an election is days away. Two things happen in campaign teams –
An early General Election prediction: fewer women than men will vote on June 8th –
A pledge to build more homes has taken a "major step forward" following a multi-million
As the world now knows, ‘Brenda from Bristol’ – or #Brenda4PM or Brenda “Not another
So, who was surprised at 11.00am yesterday morning as the Prime Minister declared her wish