Fine time for corporate relocation to Cheshire’s car industryJune 22nd, 2012 | Posted by in Expatriate Relocation
Growth in Cheshire’s automobile industry makes this a fine time for corporate relocation into the area, as the UK sector as a whole aims for all-time high output.
In Cheshire alone, recent announcements of expansion have included 700 new jobs at Vauxhall’s Ellesmere Port facility, where the company has confirmed it will continue manufacturing with £125 million of investment.
Full-capacity output at the plant, with three shifts working on the Astra, is being bolstered by a 25% increase in local supply content for the model.
The Astra is just one of the UK’s significant volume-manufactured car models, with six further brands adding substantial value to the country’s automotive industry alongside Vauxhall.
Paul Everitt, chief executive of the Society of Motor Manufacturers and Traders, says the UK has seen “unprecedented” investment in recent years.
“Our engineering expertise, workforce flexibility and renowned motoring heritage, combined with top-level collaboration between industry and government, makes the UK an important location for the global automotive industry,” he adds.
With several eurozone nations currently facing financial difficulties, it could be a particularly good time for companies to undertake corporate relocation schemes, and enter or expand in the UK market at a time of all-time strong performance.
Should the industry achieve its current forecasts, it will reach record levels of production before the end of 2015, potentially breaking the two-million-vehicle threshold and surpassing its peak performance from the early 1970s.
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