The UK-based high-performance engineering supplier will build a plant in suburban Detroit to make V8-engine parts.
Cosworth has recently returned into the spotlight through another British brand, TVR, which announced that its forthcoming rear-wheel-drive sports car would be powered by a normally aspirated V8 engine made by the high-performance engineering provider based in Northampton, England. Unrelated though with TVR’s new model, Cosworth plans to expand its engine manufacturing lines in the United States by investing 30 million dollars into a new plant in suburban Detroit to supply an unnamed manufacturer, according to Automotive News. This move has been brought to light by the firm’s CEO Hal Reisiger, who, however, did not want to reveal the carmaker’s identity.
Cosworth will initially start making V8 cylinder heads at the factory in Shelby Township, Michigan, from 2018, for afterwards to hunt other contracts as well. This location has been chosen due to its proximity to the customer base, which is focused on “high-performance road cars,” he said. Reisiger also revealed the UK specialist would not limit its output to this plant also, as the firm aims to boost its production further by opening additional sites. “It’s part of our plan, expanding our footprint,” Reisiger added. According to documents filed with the Michigan Economic Development Corporation, Cosworth has been granted a 2.1-million-dollar loan for creating new jobs in the area.
Via Automotive News