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Government Backs JLR with £35M Funding

Government Backs JLR with £35M Funding

Added to MTDCNC by MTDCNC on 05 September 2016

The continued expansion of JLR's Coventry facility has received a government boost to the tune of £35m. The UK government wants to generate more high value manufacturing jobs and it sees the expansion of JLR as a vehicle for creating such jobs.

The announcement came from the Chequers summit last week and the money will be allocated to the road infrastructure and the development of a new 60-acre scheme. The proposals have been backed by local councils and business leaders. The plans are part of a significant expansion program that will see JLR likely to take half the 60-acre site with the remaining land allocated to the supply chain.  

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