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 today’s announcement builds on their £2 billion investment in the region in 2023 to build electric vehicles.
Business and Trade Secretary Jonathan Reynolds said: “Sunderland is the beating heart of the UK’s automotive industry. Today’s announcement is a massive vote of confidence in the UK economy and this government’s plans to make Britain the destination of choice for investment.
“Not only will this boost our thriving auto industry, but it will help secure hundreds of jobs across the North East.
“The government is working hand in hand with investors to build a globally competitive electric vehicle supply chain in the UK and our modern Industrial Strategy will build on this legacy, bringing growth, jobs and opportunities to every part of the UK.”
Tomoyoshi Sato, CEO of JATCO, said: “I am so proud to officially open JATCO UK in the North East of England.
“And I am very grateful for the support of the UK Government, Sunderland City Council, and all others involved in the establishment of JATCO UK, and look forward to supporting Nissan’s EV36Zero project with our electric powertrains.”
Alan Johnson, Senior Vice President, Manufacturing, Supply Chain and Purchasing for Nissan AMIEO, said: “This is a fantastic step forward for our world-first EV36Zero plan.
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“Welcoming a key supplier to the North East of England provides a big boost to the efficiency of our supply chain. We look forward to continuing our long and successful partnership as we push towards our electric future.”
North East Mayor Kim McGuinness said: “The car industry is synonymous with the North East, and today’s announcement underlines our huge potential in advanced manufacturing and electric vehicles.
“JATCO choosing the North East as the place to do business and locate in our Investment Zone shows the confidence global industry has in our region, and the leading role we are playing in creating jobs and opportunity for local people and UK plc.”