{"id":2546,"date":"2018-10-29T12:57:26","date_gmt":"2018-10-29T12:57:26","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=2546"},"modified":"2018-10-29T12:57:26","modified_gmt":"2018-10-29T12:57:26","slug":"jaguar-land-rover-opens-manufacturing-plant-in-slovakia","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/jaguar-land-rover-opens-manufacturing-plant-in-slovakia\/","title":{"rendered":"Jaguar Land Rover opens manufacturing plant in Slovakia"},"content":{"rendered":"<p>Jaguar Land Rover has opened its state-of-the-art \u20ac 1.4bn (\u00a3 1bn) manufacturing facility in Nitra, Slovakia, the first time a UK automotive company has opened plant in this country.<\/p>\n<p>With the heart and soul of its business in the UK, Jaguar Land Rover\u2019s investment in Nitra marks the latest step in the company\u2019s global expansion strategy following the opening of its Chinese joint venture in 2014 and Brazilian plant in 2016, supported by contract manufacturing in India from 2011 and Austria from 2017. The creation of new international factories allows Jaguar Land Rover to offer its customers even more exciting new models, protect against currency fluctuations and support a globally competitive business.<\/p>\n<p>At the ceremony, Prof. Dr Ralf Speth commented: \u201cGlobal businesses require global operational footprints. While Jaguar Land Rover&#8217;s heart and soul remain firmly anchored in the UK, expanding internationally only enriches and strengthens our UK business.<\/p>\n<p>The opening of our next generation manufacturing plant in Nitra, Slovakia represents the start of a new era in manufacturing for Jaguar Land Rover. It is the latest milestone in our long-term globalisation programme and the culmination of four years planning. As with our existing manufacturing facilities located in the UK, China, Brazil, India and Austria, this high-tech plant in Slovakia will complement and support our corporate, R&amp;D and engineering functions headquartered in the UK.\u201d<\/p>\n<p>The new 300 000 m\u00b2 facility stands at the forefront of aluminium manufacturing and engineering expertise in Slovakia, with an annual capacity of 150 000 vehicles a year. Supporting the company\u2019s on-going commitment to deliver high technology lightweight vehicles to its customers, the first Land Rover Discovery rolled off the production line in September.<\/p>\n<p>The plant incorporates cutting-edge technologies and it is the first in Europe to use Kuka\u2019s Pulse carrier system which is 30 percent faster transfer times than conventional conveyance systems. It will also feature a highly automated paint shop process to ensure the highest quality and minimise the environment impact.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jaguar Land Rover has opened its state-of-the-art \u20ac 1.4bn (\u00a3 1bn) manufacturing facility in Nitra, Slovakia, the first time a UK automotive company has opened plant in this country. With the heart and soul of its business in the UK, Jaguar Land Rover\u2019s investment in Nitra marks the latest step in the company\u2019s global expansion [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":2547,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8],"tags":[2225,2226,2224,1602],"class_list":["post-2546","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-india-inc","tag-chinese-joint-venture","tag-globally-competitive-business","tag-nitra","tag-slovakia"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Jaguar Land Rover 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