Ford to develop new engines at South Wales plant
US auto group chooses Bridgend as the UK location to develop a new generation of low-emissions engines
Car giant Ford has announced a £70 million investment boost at an engine plant in the UK, giving a big lift to the recession-hit motor industry.
The company announced that its factory in Bridgend, South Wales, will produce a new generation of low CO2 petrol engines.
The investment will secure work at the 28-year-old factory which employs more than 2,000 staff.
The company has invested more than £300 million at Bridgend over the last five years and the additional money announced today will increase the plant's production capability to almost one million engines a year.
The investment includes £13.4 million from the Welsh Assembly. The new engines will go into production within two years and will be among the first of a new generation of petrol engines expected to provide up to 20 per cent better fuel economy and 15 per cent lower CO2 emissions, according to Ford.
John Fleming, chief executive of Ford Europe, said: "The Bridgend team will play an important role in delivering these new engines which add an innovative ingredient to petrol engine technology and deliver a combination of low emissions and efficient performance that will be vital to meet future customer needs around the world."