Newspaper article The Journal (Newcastle, England)

Car Firm Moves Up a Gear with Pounds 13m Injection

Newspaper article The Journal (Newcastle, England)

Car Firm Moves Up a Gear with Pounds 13m Injection

Article excerpt

Motor manufacturing in the UK has been hit hard in recent months with the demise of the nation's last volume carmaker MG Rover. The closure of the Midlands firm, with the loss of an initial 5,000 jobs, has hit car suppliers across the UK.

But a car component firm is showing its confidence in the future in a pounds 13m investment in its North-East plant.

ThyssenKrupp Automotive (TKA) Tallent Chassis, based on Aycliffe Industrial Estate, County Durham, is investing the cash to boost production of its chassis components.

The project will create 121 permanent full-time posts by 2006 as the plant expands production, adding to the firm's 1,000-strong workforce.

The investment will be used to fund the purchase and installation of robotic welding and other equipment brought in for the firm's latest project for a major European vehicle manufacturer.

The project will involve the development and manufacture of chassis components, which will be supplied to both UK and export markets over the next eight years.

As well as being Aycliffe's largest employer, Tallent is also one of the longest established companies in the town.

Tallent Engineering has been in Newton Aycliffe for more than 50 years, and designs, develops and manufactures chassis structural components, suspension products, modules and systems for the global car industry.

The firm makes components for various markets including high volume passenger, sport utility and light commercial vehicles. Its customers include numerous big name carmakers such as Audi, BMW, Ford Jaguar and Porsche.

In 1991, the company was bought by German steel firm ThyssenKrupp's Automotive subsidiary. ThyssenKrupp Automotive is one of the world's largest suppliers of car component suppliers with around 130 production sites in 17 countries.

The company says there's hardly a car or truck on the road that doesn't feature its products. Set up in 1948 by Roy Tallent, Tallent has produced more than just car chassis. …

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