UK – The outlay comes as a result of a significant new OEM contract for the production of aluminium and steel stampings, plus sub-assemblies, which will involve additional work at Shrewsbury and Telford, boosting the company’s UK workforce to over 1,100 in 2015.
At Shrewsbury, the investment will involve the installation of fully flexible automated cells capable of producing 260,000 assemblies per year across a range of vehicle models, with production due to commence in the fourth quarter of 2014.
In the second quarter of 2015, the Telford plant will receive a pair of 2,000-tonne transfer presses, equipped with the latest material handling technology and able to process steel and aluminium blanks at high speed. The installation will make it possible to produce four parts simultaneously at a combined average rate of up to 3,200 parts per hour to suit high-volume vehicle production.
Meanwhile, new transfer presses resulting from a £15m investment announced in 2013 will become operational at the end of this year.
Chris Fisher, UK managing director at Stadco, described the recent developments as “a highly significant moment in the evolution of our organisation”.