Tag Archive: Automotive

McLaren moves to Yorkshire: Luxury automotive giant to build £50M facility in Sheffield

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CONFIDENT: Mike Flewett, Chief Executive Officer at McLaren Automotive, states Sheffield is ideal for the new facility because of the local expertise and experience of working with new materials and advanced composites

CONFIDENT: Mike Flewett, Chief Executive Officer at McLaren Automotive, states Sheffield is ideal for the new facility because of the local expertise and experience of working with new materials and advanced composites

More than 200 new jobs in deal worth £100 million to the UK’s economy

Luxury carmaker McLaren have confirmed that it will bring its advanced carbon-fibre chassis production to Sheffield, in an investment that will create 200 new jobs in deal worth £100 million to the UK’s economy.

The investment of nearly £50 million pounds will be the firm's first purpose-built site away from its headquarters in the southern English town of Woking. It will save the automotive giant around £10 million pounds per year once it is fully operational.

The UK Government has said this is a major new draw of investment into the ‘Northern Powerhouse’.
The first pre-production carbon fibre chassis, built using trial manufacturing processes in the Advanced Manufacturing Research Centre (AMRC), expected to be delivered to the McLaren Technology Centre in the second half of 2017. Full production at the facility will begin by 2020.

The carbon-fibre chassis, which helps to keep the top-end sports cars as light as possible, is currently built by a supplier in Austria with the firm saying it now made sense to make them in Britain.

Mike Flewett, Chief Executive Officer at McLaren Automotive, said: "Why Sheffield? Because of the local expertise and experience of working with new materials and advanced composites.

“With other high-tech organisations, such as Boeing, Airbus, GKN and Rolls Royce plc alongside us at the AMRC, we are in very good company.”

The site will be built in cooperation with the University of Sheffield and the local city council, next to the University of Sheffield’s AMRC.

International Trade Secretary, Liam Fox, welcomes ground-breaking the deal as a boost to the Northern Powerhouse.

Mr Fox, said: "McLaren is a prime example of the UK’s continued world-leading role in technology, design and innovation.

“Establishing their new Composites Technology Centre in Sheffield shows McLaren’s confidence in the UK as a world-leader in research that will support local business and high-skilled jobs while drawing international investment into the region.”

McLaren said building it chassis in Britain will increase the average value of British parts in its models from around 50 per cent to 58 percent, depending on the vehicle.

McLaren Automotive, which began building cars only in 2011, has grown rapidly and is aiming to double the number of hand-made models it builds to over 3,000 this year.

The firm currently makes all of its high-end models, which range from £120,000 to around £2 million depending on customisation. It exports 92 per cent of its output.

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BAC Mono 2 (800x442)

Luxury British car maker heralds as one of the “best and fastest” growing businesses

Liverpool-based company, Briggs Automotive Company (BAC), has been picked out as one of ten companies destined for rapid expansion.
The luxury British car maker, which makes the highly acclaimed, luxury single-seater Mono, earned its place due to its recent expansion and was lauded for “selling brand Britain overseas”.

With a total staff of just 22, BAC is the smallest company on the list of ten rising stars, yet still enjoyed sales of more than £2.4m in the last year.

The company sold 21 Mono supercars around the world in 2015, and has attracted investment from international backers to help push this further in the next 12 months. Thanks to this investment, and several newly opened showrooms around the word, BAC has already more than doubled this year’s sales for 2016, and is on line to go even further.

The latest of these showrooms was launched in Hong Kong’s Kowloon Bay last month, with the new dealership selling eight of its annual allocation of 12 cars on the launch night alone.

The launch in Hong Kong is further proof of the company’s strong position in the Far East, following on from a successful introduction to Japan earlier in 2015.

BAC’s bespoke nature appeals strongly to customers in Far East Asia, who value the car’s bespoke driver fitment program, which offers a custom-made seat and steering wheel. There are also almost limitless options for personalisation in terms of trim and paint options.

Far East customers will get the 2016 Model Year Mono, which comes equipped with an all-new 305bhp 2.5-litre Mountune four-cylinder engine that is capable of a 0-60mph time of just 2.8sec. The ultra lightweight Mono weighs just 580kg, which means it boasts a staggering power-to-weight ratio of 526bhp per tonne.

BAC Founder Neil Briggs said: “We are delighted to be recognised by Fast Track and the Sunday Times for our recent success. We hope to continue this going into 2016, and are well-placed to do so with our new dealerships in Japan and Hong Kong. With strong sales in America, and our recently gained EU approval, we are well placed to take BAC onto the next stage of its exciting development.”

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