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News Release from: Stadco
Edited by the Manufacturingtalk Editorial
Team on 27 June 2007
Russian plant to supply automotive BIW
parts
UK automotive stampings and sub-assemblies supplier, Stadco, has secured a Russian site, on which to build a dedicated body in white stampings and assembly facility.
At a major ceremony in late June, Stadco signed a letter of intent with the Leningrad Regional Government The site has been secured, on which to build a dedicated body in white (BIW) stampings and assembly facility in order to supply major international motor manufacturers in Russia
This article was originally published on Manufacturingtalk on 6 Feb 2004 at 8.00am (UK)
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The cermony follows the announcement in April, 2007 that Stadco has been awarded a supply agreement with Ford.
The agreement generated the need for Stadco to develop a BIW stampings and assembly facility in the St Petersburg region.
It will the first such operation to be established in Russia by a Western European supplier.
At the major ceremony, Andrew Morriss, managing director of Stadco, who was accompanied by British Consul General William Elliott, signed a letter of intent with Governor Valery Serdjukov.
The agreement sees Stadco allocated a 15 hectare site in Vsevolozhsk.
The Leningrad Government has confirmed its full support to Stadco to assist with rapid development of the facility.
Morriss said: "The signing of the letter of intent is a major step forward in our drive to be the first Western European supplier to offer a modern BIW stamping and pressing facility to the fast expanding automotive market in Russia." Morriss continued: "The agreement means that we can now look ahead to start construction of our facility which we anticipate will commence in the Autumn of this year.
Importantly, it means that we are ahead of schedule ensuring that we are able to meet the supply contract with Ford." The modern facility will have the latest automated processes and will initially employ up to 200 people.
Production is expected to start in January 2009.
Stadco predicts rapid growth for the plant and anticipates that within six years it will employ around 800 staff.
Morriss concluded: "The location of our 15 hectare site in Vsevolozhsk in the St Petersburg area is convenient for Ford and we believe it will enable us to facilitate significant growth with the automaker on future models.
Importantly, the site is also well located to allow us to offer our unique capabilities to other major OEM's that have established themselves in the region including Nissan, GM, Toyota and Suzuki.".
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