Aston Martin seeks location for a new plant image

British luxury carmaker Aston Martin wants to build a new plant and it has to choose from four sites, mind a source familiar with the brand’s plans told Reuters.

Aston Martin has to decide in the following weeks where to build its new plant. According to Reuters’ sources, the company has four site options in the UK, the United States and the Middle East. The new investment is part of an extensive expansion plan, as the company has to intensify its efforts to push for a revival of the brand, which is aiming to deliver both a crossover based off the DBX concept and electric supercars in the near future. A source recently told Reuters that two British sites, one in the US state of Alabama and one in the Middle East, were being considered by the board of the mainly Italian and Kuwaiti private equity-owned firm. “The board is reviewing the options and will make a decision by the end of the year or the first few weeks of January,” the person familiar with the matter said.

Aston Martin said two months ago it had six locations on the list, narrowed from 19 possible initial sites, to produce up to 5,000 DBX models. The brand also intends to extend the line-up of its Lagonda. At this moment, the carmaker is relying only on the production line in Gaydon, central England, and on the engine plant in Cologne, Germany. Lawmaker Andrew Mitchell said late last month that a roughly 80-acre site in his central England constituency of Sutton Coldfield was in “pole position” to be preferred by the automaker, if the right terms were agreed, creating up to 1,000 jobs. “I think we have an excellent chance and it would be very, very welcome,” he told Reuters.

Via Reuters