Spanish automotive component producer Gestamp has expanded its operations in the United Kingdom by opening a new manufacturing plant in Four Ashes in the West Midlands, Kallanish learns from the company.
“The new plant is more efficient and competitive, with opportunity for further growth,” says Gestamp ceo Francisco Riberas. “We will continue to provide our customers with the latest technologies…. We are already supporting them with the challenges that they face with electrical vehicles by providing lighter and safer solutions,” he adds.
The new unit includes one of the biggest hot stamping lines with completely innovative technology, Gestamp continues. The plant will also manufacture aluminium parts in an innovative transfer servo press, including battery boxes for electrical vehicles. The equipment will comprise laser cells for cutting and welding.
The investment amounts to £50 million ($65.6m) and could increase on future projects. Gestamp will move its production progressively from the Cannock plant to the new mill, thus conserving the 800 current jobs, the company says.
Gestamp owns seven production plants in the UK. The company has invested more than £200 million in the region since 2012.
The West Midlands` facility is the fifth plant that Gestamp has opened worldwide in 2018.
