Investment in Telford follows historic land deal
Canadian industry giant Magna International to build a new world-class aluminum casting facility in Telford, to support Jaguar Land Rover, the UK’s leading vehicle manufacturer.
The Marches LEP has welcomed the investment, which is expected to create 295 jobs at a 225,000 sq ft site on T54, a development site in Telford. The investment has been made possible as a result of an historic land deal negotiated as part of the Marches LEP’s Growth Deal with Government.
The LEP’s partner, Telford & Wrekin Council, completed the deal with the Homes & Communities Agency, which will see 8,500 new jobs delivered through investing in bringing sites like T54 to the market. More...