Jaguar Land Rover today opened its state-of-the-art €1.4bn ($1.59bn) manufacturing facility in Nitra, Slovakia. The plant inauguration represents the first time a UK automotive company has opened a plant in this country.
With the heart and soul of its business in the UK, Jaguar Land Rover’s investment in Nitra marks the latest step in the company’s global expansion strategy following the opening of it Chinese joint venture in 2014 and Brazilian plant in 2016. The creation of new international factories allows Jaguar Land Rover to offer its customers even more exciting new models, protect against currency fluctuations and support a globally competitive business.
At today’s ceremony, Prof. Dr Ralf Speth commented: “Global businesses require global operational footprints. While Jaguar Land Rover’s heart and soul remain firmly anchored in the UK, expanding internationally only enriches and strengthens our UK business.”
“Today’s opening of our next generation manufacturing plant in Nitra, Slovakia represents the start of a new era in manufacturing for Jaguar Land Rover. It is the latest milestone in our long-term globalisation programme and the culmination of four years planning. As with our existing manufacturing facilities located in the UK, China, Brazil, India and Austria, this high-tech plant in Slovakia will complement and support our corporate, R&D and engineering functions headquartered in the UK.”
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