Cosworth Northampton to build £20m engine parts factory

Business secretary Vince Cable Business secretary Vince Cable visited Cosworth Engineering on Thursday and heard about a £20m investment

Related Stories

A £20m manufacturing plant is to be built in Northamptonshire that is expected to create 70 jobs.

Cosworth Engineering has revealed it is to build the precision components manufacturing factory.

Business Secretary Vince Cable visited the firm on Thursday and was told the new 50,000 sq ft (4,645 sq m) plant would be ready in 2015.

Skilled engineers would produce components for some of the world's most advanced engines, he was told.

The location of the factory has not yet been confirmed.

It will produce components for engines in vehicles built by leading companies across the world.

Chief executive Hal Reisiger said the new production facility was christened Jubilee, to coincide with Cosworth's 50th anniversary in Northampton next year.

"Investment in the new factory from both existing shareholders and other sources is expected to be circa £18-20 million," he said.

More on This Story

Related Stories

The BBC is not responsible for the content of external Internet sites

BBC Northampton

Weather

Northampton

Min. Night 16 °C

Features & Analysis

  • Man holding lipWitch hunt

    The country where a writer accused of blasphemy must run


  • Espresso cupNews quiz

    Which city serves the strongest cup of coffee?


  • Malaysian plane wreckage in UkraineFlight risk

    How odd is it to have three plane crashes in eight days?


  • Irvine WelshDeaf ears

    Five famous Scots who can't vote in the Scottish referendum


Elsewhere on the BBC

  • Canada.Hidden rail trip

    Canada's tiny, two-car shuttle is a train lover's dream with scenic views

Programmes

  • Leader of Hamas Khaled MeshaalHARDtalk Watch

    BBC exclusive: Hamas leader on the eagerness to end bloodshed in Gaza

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.