SwedeSpeed - Volvo Performance Forum banner
1 - 1 of 1 Posts

·
Registered
Joined
·
3,706 Posts
Discussion Starter · #1 ·
Source: The Western Mail

November 5, 2002

quote:

Ford's decision to center production of its new Inline-6 engine at Bridgend, as part of a £425m investment which will more create more than 600 new jobs, has been described as a coup for the economy by first minister Rhodri Morgan.

The investment, which replaces the intended Jaguar V6 £360m project for Bridgend announced last year, will see production starting in 2004.

Mr Morgan said, "This makes Bridgend a world-class engine production site and strengthens the position of the plant for years to come."

As part of this additional investment of $60m in the plant, Bridgend will now be producing engines for Volvo as well as for Ford, Jaguar and Land Rover.

"This can only boost Wales's growing reputation as a centre of excellence for the automotive industry and is a vote of confidence in the Welsh plant and its workforce."

Economic Development Minister Andrew Davies said, "Having worked at the Bridgend engine plant for five years, I am personally delighted by this news, which is a fantastic achievement for Ford. I am committed to doing everything possible to ensure that Ford's latest project goes ahead."

"The Assembly Government was instrumental in attracting an engine project and 640 new jobs to Bridgend through its offer of regional selective assistance (RSA)."

"This announcement to invest in the high-tech Inline-6 range means that we will need to look again at the RSA offer."
-Drew
 
1 - 1 of 1 Posts
Top