Aston Martin

Type
Business expansion
Country
United Kingdom
Region
West Midlands (England); Herefordshire, Worcestershire and Warwickshire; Warwickshire CC
Location of affected unit(s)
Gaydon
Sector
Manufacturing
(29 - 30) Manufacture for transport equipment
29.1 - Manufacture of motor vehicles
29.10 - Manufacture of motor vehicles
250 jobs
Number of planned job creations
Job creation
Announcement Date
28 May 2014
Employment effect (start)
28 May 2014
Foreseen end date

Description

Luxury car manufacturer Aston Martin has announced that it is to create 250 new jobs at its factory in Gaydon in Warwickshire. The expansion is part of a GBP 20 million investment by the company. According to the source, the company wants to increase its workforce and manufacturing capabilities at the site. The jobs will be in engineering, manufacturing and also in the commercial side of the business.

It is expected that these positions will be created over the next few months. The ERM previously reported on restructuring at Aston Martin in 2008. 

Sources

  • 28 May 2014: BBC Website
  • 28 May 2014: Birmingham Post

Citation

Eurofound (2014), Aston Martin, Business expansion in United Kingdom, factsheet number 77113, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/77113.