Preparations have started for manufacturing at Cosworth’s new 38,000 sq ft facility in Northampton.
Northampton Borough Council built the Advanced Manufacturing Centre and handed it over last week.
The building will house a manufacturing system that will produce complex machined components for high-performance, limited-production vehicles.
New machinery has been arriving and is being calibrated, then tools will be set and catalogued to ensure they provide the level of precision needed.
The council is now renting back the building to the iconic motorsport company, which has said it will create 70 jobs directly with more in the supply chain.
Cosworth chief executive, Hal Reisiger, said: “Cosworth’s Advanced Manufacturing Centre will use state-of-the-art technologies to streamline manufacturing.
“Our facility will provide unique machining and assembly capabilities to enable global automotive manufacturers to produce some of the most advanced high-performance engines in the world.”
It is Cosworth’s sixth unit within the Waterside Enterprise Zone and forms a major component of the company’s growth strategy with a projected order book of £75 million.
A chief advantage of the new plant will be that it helps keep costs and wastage to a minimum.
Councillor David Mackintosh, leader of Northampton Borough Council, said: “Cosworth is a household name, and we’re very proud to have been able to help make its latest venture possible.
“This new facility will help demonstrate what Northampton does best – innovation, ambition and excellence.
“With so many new jobs, including apprenticeships for aspiring young engineers, this is a great addition to our already successful Enterprise Zone.”
The facility was funded by Northampton Borough Council and South East Midlands Local Enterprise Partnership (SEMLEP), and has been made available to Cosworth on a leaseback agreement.
The Department for Communities and Local Government helped provide funding towards the cost of the manufacturing machinery.
And the Government’s Advanced Manufacturing and Supply Chain Initiative (AMSCI) supported the development of systems which make the facility one of the most advanced in the UK.