Japanese automotive automatic transmission manufacturer Jatco Ltd has provided a major boost to the UK automotive industry by officially opening a new £50 million factory in Sunderland, creating up to 183 jobs.
The new facility was supported by a grant from the UK Government.
Situated on the International Advanced Manufacturing Park, Sunderland, the factory will produce electrified powertrains for the nearby Nissan plant.
“Initially, this will be the 3-in-1, which modularises and integrates the motor, inverter and reducer, making them smaller and lighter,” said Jatco.
“The 138,840 sq ft facility represents a £48.7m investment into the UK and will create up to 183 highly skilled jobs.”
Jatco CEO Tomoyoshi Sato said: “I am so proud to officially open Jatco UK in the North East of England.
“We have enjoyed a long and fruitful partnership with Nissan and we are delighted to bring the manufacture of our 3-in-1 powertrain to the UK. This will be our fourth country for an overseas production plant, with other locations in Mexico, China, and Thailand.
“I am very grateful for the support of the UK Government, Sunderland City Council, and all others involved in the establishment of JATCO UK, and look forward to supporting Nissan’s EV36Zero project with these electric powertrains.”
UK Business and Trade Secretary Jonathan Reynolds said:“Sunderland is the beating heart of the UK’s automotive industry. Today’s announcement is a massive vote of confidence in the UK economy and this government’s plans to make Britain the destination of choice for investment.
“Not only will this boost our thriving auto industry, but it will help secure hundreds of jobs across the North East.
“The government is working hand in hand with investors to build a globally competitive electric vehicle supply chain in the UK and our modern Industrial Strategy will build on this legacy, bringing growth, jobs and opportunities to every part of the UK.”
Alan Johnson, Senior Vice President, Manufacturing, Supply Chain and Purchasing for Nissan AMIEO, said: “This is a fantastic step forward for our world-first EV36Zero plan.
“Welcoming a key supplier to the North East of England provides a big boost to the efficiency of our supply chain. We look forward to continuing our long and successful partnership as we push towards our electric future.”
North East Mayor Kim McGuinness said: “Jatco has chosen the North East as their new home and the place to make this significant global investment. Our offer is strong and I’m delighted to welcome the company to the region. The decision underscores the confidence industry and investors have in the North East, and the leading role we can play in the future of the automotive and electric vehicle industry.
“It demonstrates how we are delivering for local people and businesses, helping create hundreds of skilled jobs, creating new supply chains and opening up opportunity for Sunderland and the entire North East through our Investment Zone.”