Coleshill car parts firm is to create 400 new jobs
- Published
A car parts manufacturer has said it plans to create up to 400 new jobs within the "next two to three years" as a result of a £20m investment.
Sertec Group, based in Coleshill, Warwickshire, has been given support funding from Lloyds Bank in order to replace old equipment.
The firm will buy large-scale power presses to stamp out its products.
Sertec's largest customer is Jaguar Land Rover, which exports across the world.
As well as the site in Coleshill, the company has three plants in Birmingham - in Saltley, Tysley and Aston.
Finance director Martyn Hughes said the new machinery will make Sertec, which currently employs 1,200 people, more efficient and create more revenue.
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