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Welsh Assembly Funds TVR Production
Classic Car Buyer
|January 31, 2018
TVR is set to produce itslatest model from an all-new manufacturing facility in Ebbw Vale Enterprise Zone, helped by £2.5m from the Welsh Government.
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In exchange for a £500,000 investment, the Welsh Government takes a 3% stake in the independent British sports car manufacturer. It has also loaned £2million to help the car maker get started at the new Ebbw Vale plant.
The TVR announcement comes hot off the heels of Aston Martin’s recent announcement unveiling a second manufacturing base in St Athan, Vale of Glamorgan.
TVR has confirmed that there is still another 12 months’ worth of research to undergo before manufacturing can begin, with production expected to start next year. The opening of the new site is also expected to create 150 new jobs.
Diese Geschichte stammt aus der January 31, 2018-Ausgabe von Classic Car Buyer.
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