McLaren Investing $63M Into South Yorkshire For Production Facility

McLaren Automotive launched a partnership with the University of Sheffield's Advanced Manufacturing Research Center in Rotherham, South Yorkshire according to Nick Hill of BDAILY.

In a $62.4M investment, the launch of a purpose-built production facility located next to the AMRC is "expected to create up to 200 jobs" and inject $124.8M into the Sheffield City Region economy.

The AMRC will "use its expertise to develop advanced manufacturing processes that will allow McLaren Automotive to produce the chassis for its future sports cars."

Construction work is "expected to start" in early '17, with full production of advanced carbon fiber chassis by '20.

McLaren Automotive’s center "will host more than 200 hi-tech automotive jobs and will be in the vicinity of the AMRC’s hi-tech Factory 2050 development; where a new Lightweighting Center will also be built to house the AMRC’s existing Composite Center." BDAILY