The company said in a statement that preparations are well advanced on an extension to the British luxury sports car maker’s manufacturing facilities in Gaydon, Warwickshire, as the business prepares for its next generation of new sports cars.
Alongside the building work, Aston Martin is also looking to fill around 250 new jobs in engineering, manufacturing and commercial functions being created over the course of the next few months.
Objectives at Gaydon include the creation of a new chassis and pilot build facility, new offices, and an extension of the parts and logistics storage area. The new facilities will cover an extra 10,000 square metres and the major development work is due to be completed in 2015.
Hanno Kirner, Aston Martin’s chief financial officer said: ‘We have confirmed that the coming years will see Aston Martin implementing the biggest investment programme in the 101-year history of the brand, with a plan to inject over £500m into the company’s next generation of high performance sports cars.’
The British marque said that over 500 applications had been submitted for the 12 places available in the latest round of its apprenticeship scheme. Beyond its investment and commitment to the development of its apprentices, Aston Martin said will welcome 14 new graduates to the business in 2014.