International Automotive Components (IAC) has signed an 11-year lease at the Prologis Park Birmingham Interchange, in the UK. The company will occupy an overall area of 28,800 sq.m across two buildings and manufacture, assemble and sequence components for delivery to Jaguar Land Rover’s nearby Solihull plant.
The Range Rover, Range Rover Sport and Range Rover Velar, as well as the Jaguar F-Pace are all made at Solihull.
IAC already supplies components and interior trim to Land Rover and Range Rover models in the UK. The company anticipates full production at the site in 2021 and will create an additional 400 jobs in the region.
“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, CEO of IAC. “IAC views the UK as a strategic market, and we look forward to continuing our partnership with JLR long into the future.”
IAC will also be centralising functions including engineering, programme management, commercial, finance and IT at the site.
“IAC’s decision to locate its facility at Prologis Park Birmingham Interchange further endorses the West Midlands as a premier location for the automotive sector and is a huge vote of confidence for the region,” said Ashleigh Hayes, associate market officer for Prologis UK. “This dual letting is great news for local employment, and we are delighted to be able to support IAC Group’s continued expansion in the UK.”
IAC’s decision to move into the Prologis park is welcome news for the UK automotive sector at time of uncertainty ahead of the country’s departure from the EU in October this year.