Image copyright
Ineos
Ineos says the new Bridgend plant will employ 500 people and produce 25,000 cars a year
Ineos Automotive has chosen Bridgend for the production of its new 4×4 vehicle, it has been announced.
It is expected to initially create around 200 jobs to make the Grenadier, and up to 500 in the long-term.
The company is building a manufacturing and assembly plant and plans to begin production in 2021.
It has received support from the Welsh Government, and funding from the UK Government as part of a competition to develop new technologies.
The new plant is being built at Brocastle, close to Ford Bridgend, which is to close in 2020 with the loss of 1,700 jobs.
It is not known how much public funding Ineos will receive, but it is planning to invest £600m in the new car, inspired by the original Land Rover Defender which went out of production in 2016.
The new model is likely to face significant competition.
Last week at the Frankfurt Motor Show, Jaguar Land Rover launched their new version of the Defender, a modern car which has also been inspired by the original machine.
The plant will be built on a new site at Brocastle in Bridgend
Key parts for the Ineos vehicle – including the body and chassis – will be built at a second factory in Portugal before being brought to Bridgend for assembly.
BMW will supply the engines, and engineering assistance will be provided by another German company, MBTech.
At peak production, it is hoped 25,000 vehicles a year will roll off the line at the new 250,000 sq ft (23,250 sq m) Bridgend site.
Ineos Group chairman Sir Jim Ratcliffe said it had seen “lots of good options to choose from” for a manufacturing facility.
“The decision to build in the UK is a significant expression of confidence in British manufacturing,” he said.
Image copyright
Reuters
Ford opened in Bridgend in 1980 but is due to close the plant in 2020
The Welsh Economy Minister Ken Skates said their work to support Bridgend in the run up to the closure of Ford would “not stop here”.
“We will continue to do all we can to attract new business opportunities,” he said.
The Welsh Government also said the company was in talks with two Wales-based component supply companies to support their work.
The UK government’s competition funding was aimed at technologies for the motor industry’s transition to zero-emission vehicles.
The Secretary of State for Wales Alun Cairns described the investment as a “welcome boost” and said they had been supporting the industry through their industrial strategy.
“There have been some significant automotive investments to Wales over the last few years, including at Aston Martin in St Athan and together with the Welsh Government we will continue to provide incentives for firms like Ineos to make Wales their home,” he said.
Image copyright
Ineos Automotive
Sir Jim Ratcliffe says the car aims to be the “spiritual successor” to the Land Rover Defender (pictured)
The Ineos plant is being constructed on a 14-acre (five hectare) plot of land it is buying at market value from the Welsh Government.
The Welsh Government said the new business area, next to the established Bridgend Industrial Estate, will be able to accommodate a further 500,000 sq ft (46,500 sq m) of space.
The closure of Ford Bridgend was one of a series of recent blows to the automotive industry in Wales, which included the closure of Schaeffler in Llanelli and job losses at Calsonic Kansei in the town.
Peter Hughes, Unite Wales regional secretary described the Ineos decision as “welcome news” but highlighted it was not enough on its own to mitigate the loss of the 1,700 Ford jobs.
“The Welsh Government must ensure that Ineos lives up to the standards of what we expect in Wales from socially responsible employers. It is imperative that the jobs being created are of the highest quality, well paid and unionised,” he said.