British carmaker Aston Martin has announced plans to invest £200m in a new manufacturing facility in Glamorgan, Wales.
The new facility at St Athan will be located on about 90 acres of land. It will be used for the manufacture of the Aston Martin ‘DBX’ crossover.
Construction work on the project is expected to start in 2017, with production of vehicles anticipated to begin in 2020.
Additionally, Aston Martin has announced that up to 1,000 new jobs will be created across St Athan and the company’s manufacturing centre in Gaydon, Warwickshire between now and 2020.
Aston Martin CEO Andrew Palmer said: “During our 103-year history, Aston Martin has become famous for making beautiful hand-crafted cars in England.
“Through a detailed evaluation of over 20 potential global locations for this new manufacturing facility, we were consistently impressed with the focus on quality, cost and speed from the Welsh government team.
“As a great British company, we look forward to St Athan joining Gaydon as our second centre of hand-crafted manufacturing excellence.”