- £50m investment deal secured between JATCO, Nissan and UK government to build new manufacturing site in Sunderland.
- Site will be JATCO’s first UK and European plant and is set to create and support hundreds of jobs in the North East.
- Announcement is the latest in a series of job-boosting investments to deliver growth as part of the Plan for Change, including £14 billion in AI investment and £4 billion from Malaysian company YTL creating 30,000 jobs.
Car manufacturing giant Nissan, and the Japan Automatic Transmission Company (JATCO) have secured a £50 million investment deal in partnership with the government to create a new manufacturing plant in Sunderland.
The new site will help create 183 new high-value jobs in the region and support over 400 in the wider supply chain. It will also establish JATCO’s first and only European plant and will produce 3-in-1 electric vehicle powertrains for Nissan’s neighbouring Sunderland plant.
Nissan is one of the largest UK-based vehicle manufacturers, employing around 6000 people across its Sunderland facilities, and…
