Aston Martin is to invest £20m in broadening its car-making facilities at its worldwide headquarters in Gaydon, Warwickshire. The business has revealed the money will pay for the development of 10,000 square meters of new chassis as well as assembly build-zones, plus new offices as well as an broadened parts as well as logistics storage area.
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The completion date for the job is targeted in 2015, with Aston appealing its service is preparing “to grow substantially” as well as “gearing up for its next generation of new sports cars”.
In addition to the facility expansion, Aston Martin will produce 250 new tasks across its engineering, producing as well as industrial balls before the end of 2014.
The investment injection comes off the back of Mercedes-AMG’s tie-up with Aston Martin, revealed in 2013. Aston will share Mercedes’ twin-turbo V8 engine innovation in return for Daimler AG taking a 5% stake in Aston Martin’s ownership. Electrical systems will likewise be used from the Mercedes parts bin.
Commenting on the Gaydon plant’s expansion, Aston Martin chief monetary Officer, Hanno Kirner said: “The investment in our Gaydon HQ develops part of our long-lasting method which is focused around being the primary British high-end sports cars and truck brand.”
The ambitious ‘world-beaters’ goal was backed up by Keith Stanton, Aston Martin producing Operations Director: “We have the vision of being the very best producer in the high-end sports cars and truck market as well as a new facility, together with the support of our flexible, highly-efficient workforce, will allow us to accomplish our goal.”The Gaydon growth comes off the back of a £500m overall investment plan detailed in 2012 by the British manufacturer’s foreign backers. Currently, Aston’s major focus is establishing its DB9 replacement, which is set to go on sale in 2016.
The new DB9 will be the very first showcase for Aston’s all-new cars and truck architecture, replacing the ‘VH’ aluminium structure that shown up with the Vanquish back in 2001, as well as has considering that supported the Vantage, DB9, DBS as well as Rapide.