JLR has announced it is to invest £240 million in a new manufacturing facility in Itatiaia, Brazil. The plant will initially employ 400 people, with the first vehicles to come off the production line scheduled for 2016.
Construction on the facility will begin mid-2014 and will have the capacity to produce 24,000 vehicles per year exclusively for the Brazilian market. The expansion into Brazil marks the first steps in JLR’s strategy to increase its global manufacturing footprint and output.
“Brazil and the surrounding regions are very important. Customers there have an increasing appetite for highly capable premium products,” said Dr Ralf Speth, CEO of Jaguar Land Rover. “This new programme will enable us to bring exciting new vehicles to them, with outstanding British design and engineering.”
By 2020, JLR hopes to at least double the number of staff working at the plant where models such as the Range Rover Evoque, Land Rover Freelander and Discovery will be produced.
Jaguar Land Rover already has three advanced manufacturing facilities in the UK and is currently building its first state of the art advanced engine facility in South Staffordshire. The company has invested more than £500 million in the project, which will create almost 1,400 new jobs.