Ineos in talks with Ford to produce cars at Bridgend plant

Ineos in talks with Ford to produce cars at Bridgend plant

Ford
Chemicals company Ineos is in talks with Ford about manufacturing vehicles at the automaker’s Bridgend engine plant, offering hope to more than 1, 000 workers currently at risk of redundancy at the site, according to several people familiar with the discussions.Jim Ratcliffe’s business is seeking to break into the automotive industry with an off-road vehicle, hoping to mimic the Land Rover Defender, and has shortlisted the south Wales location for its production centre.The two businesses are in live talks, according to three people with knowledge of the discussions.Bridgend employs more than 1, 700 people, but Ford has warned that it expects to lose 1, 100 workers from the site after a contract to make petrol engines for Jaguar Land Rover comes to an end in 2020. The long-term future of the facility is also in doubt as Ford also produces the same engines in several other global locations and the plant is exposed to any tariffs or trading frictions after Brexit.A successful deal with Ineos would secure the future of the site, and bolster UK automotive manufacturing at a time when the industry is concerned over Brexit and some businesses, such as Dyson, plan to locate assembly work overseas.Ineos is ....


Leave a Reply

* Copy This Password *

* Type Or Paste Password Here *