BMW makes a Mini UK investment of £250m
By PRW Staff
Posted 10 July 2012
The UK’s automotive sector has received yet another boost thanks to BMW, which has announced a further £250m investment as a result of the continuing success of its Mini brand.
The cash injection, which comes on top of the £500m UK investment announced in June 2011, will create jobs at the firm’s steel body pressings operation at Swindon and engine plant at Hams Hall near Birmingham.
The announcement was made during a visit to BMW’s Mini plant in Oxford by Business Secretary, Vince Cable and Harald Krueger, member of the firm’s board of management, on the day when the Olympic Torch Relay will visited the plant.
“A year ago we announced a further investment of £500m in our UK production network by 2014 and today we are announcing an additional £250m, taking us through to 2015. This brings our total investment in the UK since 2000 to £1.75bn,” said Krueger.
“Over the last decade, Mini has been a unique global success and the BMW Group has even greater plans for the future development of the brand. Plant Oxford has played a major role in this with cars being exported to over 100 countries around the world.
"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.”
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