Midlands-based, automotive parts supplier, Stadco supplies parts for Jaguar Land Rover across the range of vehicles, including the Jaguar XF and XK, Land Rover Defender, Freelander, Discovery, Range Rover and Range Rover Sport vehicles. It has just expanded with the purchase of a manufacturing plant in Telford. The Shropshire-based company said that up to 80 jobs would be created at the additional site. The company has described the acquisition as 'significant' and said it would further strengthen the company’s platform for growth.
'We are very excited and optimistic about Stadco’s future,' said managing director Dermot Sterne. 'After having had to react to the impact of the industry downturn, then consolidate and restructure our business, it is clear that Stadco is now well placed to take advantage of the increase in economic activity. The new facility will provide the company with a further platform needed to meet the future requirements of our customers for years to come.'
The new Telford site comprises 18 acres and will initially incorporate two large mechanical stamping lines, a fully-equipped toolroom and a further 258,334 sq ft of manufacturing area for future expansion. Stadco will start commissioning work in February 2011 and aims to be in full production by June 2011. An additional 50 permanent jobs will be created at the site with a further 30 workers required during the start up phase. The acquisition of the Telford site provides Stadco with additional capacity to meet the increase in vehicle production in the UK.