British luxury carmaker Jaguar Land Rover has officially been given the go-ahead to build a new £350m facility near Wolverhampton. Councillors in South Staffordshire approved the plans – which will create 750 new jobs – on Tuesday.
The new £350m engine plant will be part-financed by investments from both Wolverhampton City Council and Staffordshire County Council.
Councillor Brian Cox, chairman of South Staffordshire Council’s regulatory committee, said: “It is a very important project and one which will benefit the entire region for years to come.”
“This move really could change the face of the local economy for generations to come. The news couldn’t have come at a better time so let’s hope that JLR moving to i54 is just the beginning.”
Work is due to start by the end of January next year ahead of a 2014 launch of the site.
The British automaker will manufacture a family of all-new advanced technology low emission four-cylinder petrol and diesel engines for a new range of around 40 vehicles.
The company had also said that the new facility could produce up to 500,000 engines each year.
Residents from Coven Heath were present to voice concerns over plans for a flyover from the M54 to serve the site.