Automotive parts supplier Stadco has announced the acquisition of a new manufacturing facility in Telford, Shropshire.
The company supplies body-in-white car parts to manufacturers including Jaguar Land Rover, for which it supplies parts for the Jaguar XF and XK, and Land Rover Defender, Freelander, Discovery, and Range Rover models.
The development will entail a further 50 jobs added to the firm’s payroll, with an additional 30 needed during the start up phase.
After a difficult recession during which the companmy was forced to restructure, Stadco bounced back well last year, winning several key contracts with car manufacturers and creating 183 jobs across the group.
Today’s acquisition will now enable the company to continue with its growth plans. The new site is 18 acres in size and will initially incorporate two large mechanical stamping lines, a fully-equipped tool room and a further 24,000sqm of manufacturing area for future expansion. Stadco will start commissioning work in February 2011, ramping up to full production in June 2011.
The stamping lines provide the capability to produce the largest panels on a vehicle, including the exterior ‘A Class’ skin panels in both steel and aluminium.
“We are very excited and optimistic about Stadco’s future,” said Managing Director, Dermot Sterne. “After having had to react to the impact of the industry downturn, then consolidate and restructure our business, it is clear that Stadco is now well placed to take advantage of the increase in economic activity. The new facility will provide the company with a further platform needed to meet the future requirements of our customers for years to come.”