Mini investing $387 million in UK for more production capacity
With plans to expand the Mini brand internationally, BMW Group has recently made the decision to go forward with a $387 million investment into several of its manufacturing plants, with plans for completion set for 2015.
The investment will be divided amongst the Hams Hall engine plant, Oxford manufacturing plant and Swindon steel body pressings operation. Expanding these locations will help Mini up production volume and accommodate for its line-up expansion, which now includes 10 models.
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Harald Krueger, Member of the Board of Management BMW Group and Vince Cable, Business Secretary made the announcement at the Mini Plant Oxford. Dr. Cable reassured employees during the announcement, saying “BMW’s ambitious plans for Mini will ensure its UK sites at Oxford, Swindon and Hams Hall remain at the center of Mini production worldwide.”
Krueger noted that “Over the last eleven years, Mini has been a unique global success and the BMW Group has even greater plans for the future development of the brand… This additional investment is great news for all our employees in the UK and shows the BMW Group’s commitment to Britain as a vital manufacturing base for us.”
– By: Alexandra Koken