Part of $2.3 billion new products and productions investment plans
September 19, 2011
by The CANADIAN PRESS
LONDON—Jaguar Land Rover is investing $560 million in a new plant in Britain to build low-emission engines.
The company says the new plant, located near Wolverhampton in central England, will employ up to 750 people.
Jaguar Land Rover is part of India-based Tata Motors, which acquired the company from Ford in 2008.
The company also expects to invest $2.3 billion over the next five years as it hopes to introduce 40 new products and increase capacity on its new production lines.