May 2015

WARWICKSHIRE MEANS BUSINESS

New LTC plant to bring major jobs boost to Warwickshire

Up to 1,000 jobs are on the way to Warwickshire after the London Taxi Company announced that a new £250million plant will be built at Ansty, near Rugby.

The news comes as a huge boost to the county after Chinese manufacturer Geely, which bought the London Taxi Company two years ago, chose the Ansty site for the development of the next generation of electric, low-emission cabs.

The site will eventually have the capacity to assemble up to 36,000 vehicles a year, a ten-fold increase on capacity at the existing plant in Holyhead Road, Coventry, which has been the company's base since 1948.

The 85,000-sqare metre Ansty site will house all the company’s research, development and assembly operations.

Peter Johansen, vice president of UK operations for the London Taxi Company, said: “We are proud of the company’s regional heritage in an area that is steeped in automotive and manufacturing history. We intend to build vehicles in the vanguard of environmental technology which set new standards for comfort and performance.”

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