UK-based automotive manufacturer McLaren has committed 50 million pounds ($65 million) investment in its second manufacturing facility, a composites technology centre (MCTC) in Yorkshire, England.
The MCTC is anticipated to add over 200 jobs and contribute a gross $130 million to the local economy by 2028 with an increase in domestic production from an average of 50 percent to 58 percent.
The MCTC will offer McLaren growth potential to beat its own record sales, which amounted to 3,340 cars in 2017.
The trial manufacture of tubs will begin in 2019, and McLaren expects the facility to commence full-scale production in 2020. Chassis manufactured will be shipped to the McLaren Technology Centre for assembly into complete McLarens.