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News Release from: Stadco
Edited by the Manufacturingtalk Editorial
Team on 02 May 2007
Stadco to build Russian body panel plant
European supplier of automotive body panels, Stadco, has been awarded a supply agreement with Ford that will see Stadco establish a dedicated BIW stampings and assembly facility in Russia.
Stadco , a leading supplier of body-in-white (BIW) services and facilities to the automotive industry, has been awarded a supply agreement with Ford that will see Stadco establish the first dedicated BIW stampings and assembly facility in Russia to supply major international OEMs Planning work for the construction of the new facility near St Petersburg is already underway and the supply of production stampings and assemblies to Ford, for their highly successful Focus model, is expected to start in early 2009
This article was originally published on Manufacturingtalk on 6 Feb 2004 at 8.00am (UK)
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The state-of-the-art facility, featuring the latest automated processes, will initially employ up to 200 people.
Stadco expects that this plant will be attractive to other OEMs and that additional business will be won before 2009.
Stadco anticipates that, at start up, the plant will generate significant annual sales.
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With the Russian market growing strongly, a number of OEMs are establishing manufacturing facilities in the country, mainly in the St Petersburg region, and the major international Tier 1 suppliers are now following these customers.
This award means that Stadco is the first international BIW supplier to set up in Russia and is well placed to win further work from other incoming OEMs.
Commenting on the significance of the supply agreement with Ford, Andrew Morriss, managing director of Stadco, said: "This award from a major international OEM represents a crucial milestone for us in Russia.
It forms a key part of our business growth strategy in this fast expanding automotive market." Other major OEMs, including Toyota, GM and Nissan, are in the process of establishing vehicle production in the St Petersburg area.
By 2008, Stadco anticipates that annual vehicle production by international OEMs in Russia will increase to over 300,000 units.
Morriss continued: "We believe that our uniquely comprehensive offering of BIW stampings, assemblies, flexible manufacturing, facility design, vehicle body design and aftermarket products, coupled with the fact that we are the first Tier 1 supplier to establish a modern facility in the St Petersburg area, will see Stadco well placed for significant further expansion in Russia, as the market continues to grow." * About Stadco - Stadco is one of Europe's leading suppliers of BIW panels and assemblies to vehicle manufacturers including Ford, BMW, Jaguar, Land Rover, Aston Martin, GM and Toyota.
In addition to the new Russian operations, Stadco has six established manufacturing sites, five in the UK and one in Germany.
It also operates in South America and in India.
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