Cosworth Starts £12m Advanced Manufacturing Centre Construction in Northampton
By Daniel Hunter
Cosworth, the world-renowned UK performance engineering and manufacturing group, has begun construction on its new £12 million Advanced Manufacturing Centre at its Northampton site.
The new state-of-the-art 38,000ft² facility represents the next phase in a period of growth and development for Cosworth with support and backing from the UK government. Around 70 new jobs and apprenticeships will be created as a result of the investment.
The new Cosworth facility, the first of its kind in the UK, will manufacture components and assemble some of the world’s most advanced engines to global automotive manufacturers.
Located in the Waterside Enterprise Zone in Northampton, Cosworth’s Advanced Manufacturing Centre will focus on delivering high performance powertrain and electronics technologies affordably in niche volumes to create innovative products and new jobs.
The project has been made possible through a commitment from Northampton Borough Council to build the facility on a lease-back agreement, thanks to funds from the council and South East Midlands Local Enterprise Partnership (SEMLEP). The Department for Communities and Local Government is helping to provide funding towards the cost of the manufacturing machinery.
The facility will also house Cosworth’s Centre of Excellence programmes, which is supported by a grant from the UK Government’s Advanced Manufacturing and Supply Chain Initiative (AMSCI).
Hal Reisiger, chief executive of Cosworth Group Holdings, said:
"The Borough Council are to be commended for their commitment and dedication to supporting businesses in Northampton. It is invigorating to work alongside a team who understand the needs and priorities of Cosworth and who share our drive and vision to supply excellent products and services to high performance vehicle makers.
"Our new Advanced Manufacturing Centre demonstrates... continued on page two >