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Company looks to build on move to Formula One heartland

Wednesday, August 3, 2016

An electric vehicle parts maker is in advanced talks to open a new North-East factory. 

Sevcon aims to move into a larger site in Gateshead.

Bosses told The Northern Echo negotiations over the plant are being thrashed out, adding the switch has the potential to create and support scores of jobs.

The business revealed its plans after last week confirming it had opened an office at Milton Park, near Oxford.

Officials say that site puts Team Valley-based Sevcon at the heart of stellar British motorsport, with the area known for housing various companies and Formula One teams, such as Renault, Williams and Haas.

Sevcon, recognised for its work in supplying controllers for the all-electric Renault Twizy city car and parts for Brammo's green motorcycles, said the move will create 20 engineering jobs by the end of next year and generate a similar number at Gateshead.

However, Matt Boyle, president and chief executive, said the business was committed to strengthening its North-East base to ensure it remains a key hub in Sevcon's global network.

He told The Northern Echo: "We have a factory in Gateshead but have identified a location that would keep us there.

"We are still in negotiations but we wouldn't rule out jobs.

"Moving to a larger plant will help take on more people."

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Source: Northern Echo


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