30 Jul IAC Group Expands Presence in the U.K.
LUXEMBOURG, July 30, 2019 – International Automotive Components (IAC Group), a leading global supplier of automotive components and systems, announced today it will increase its presence in Elmdon, U.K., by expanding its headliner manufacturing facility in the region. The facility is strategically located close to the production site of Jaguar Land Rover (JLR) and will be solely used to service the longtime customer.
The site will be used for manufacturing, assembly and sequencing, in addition to housing certain centralized U.K.-based functions such as engineering, program management, commercial, finance and IT. The company plans to invest in state-of-the-art highly automated process manufacturing for the site.
“We are a customer-centric company, which is why it was an easy decision for us to expand our operations near our customer’s production sites,” said Manfred Gingl, IAC Group’s CEO. “IAC views the U.K. as a strategic market, and we look forward to continuing our partnership with JLR long into the future.”
IAC currently supplies components and interior trim to Land Rover and Range Rover models in the U.K. The company anticipates full production at the site in 2021 and will create an additional 400 jobs in the region.
IAC signed an 11-year lease for two buildings through Prologis Park Birmingham Interchange (PPBI). The two buildings located at PPBI total 310,000 sq. ft. The West Midlands region of England has experienced tremendous growth in the automotive sector in recent years.
About IAC Group
Headquartered in Luxembourg, International Automotive Components (IAC) Group is a leading global supplier of automotive components and systems, including instrument panels, console systems, door panels, headliners and overhead systems to automakers around the world. The company’s 2018 estimated sales were $4.1 billion. IAC Group operates more than 50 manufacturing facilities in 16 countries. The company has more than 60 total locations in 18 countries, including 18 business and innovation centers, and employs more than 19,000 people globally. For more information, visit www.iacgroup.com.