Aston Martin confirmed it has received the green light from Carwyn Jones, the Welsh First Minister, to finalise the sale of the St Athan land.
As previously reported by ILM, in February 2016, the British luxury automaker announced that it had chosen St Athan from 20 potential global locations for its second manufacturing facility as part of a £200 million (US$250.52 million) investment in new products and facilities.
The ‘Phase I’ of the St Athan site includes the creation of the customer and staff reception areas, administration and management offices and the employee restaurant, while the ‘Phase II’ will commence in April 2017, when Aston Martin will gain access to the three Ministry of Defence ‘Super Hangars’ that will house the new manufacturing facility.
“The of this contract, giving us first access to the St Athan facility, is a milestone in our 103-year history. Work now starts in earnest to turn our plans into reality”, said Dr Andy Palmer, President and CEO, Aston Martin.