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Astemo to invest £100m in Greater Manchester

Japanese firm Astemo invests in its Horwich factory, creating over 200 new jobs.

July 15, 2025 at 11:44 AM

Greater Manchester 'at forefront of EV revolution' after Japanese firm creates 200 jobs with £100m investment

Astemo has invested a significant amount in its factory in Horwich to boost electric vehicle production.

Astemo commits £100m to Greater Manchester creating over 200 jobs

Astemo, a Japanese automotive firm, has committed £100 million to its factory in Horwich, Greater Manchester. This investment aims to establish a new production line that will manufacture inverters for electric vehicles, potentially creating over 220 skilled jobs. The initiative is supported by the UK Government and follows a notable contract win. Metro mayor Andy Burnham highlighted this move as a major endorsement of Greater Manchester’s role in the electric vehicle sector, emphasizing the creation of high-quality jobs and opportunities.

Key Takeaways

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Astemo's investment totals £100m for new EV production in Horwich.

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Over 220 jobs will be created, enhancing local employment.

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The UK Government supports this significant investment and its implications for the economy.

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Greater Manchester positions itself as a key player in the electric vehicle market.

"This investment by Astemo is a huge vote of confidence in Bolton and Greater Manchester."

Andy Burnham emphasized the significance of Astemo's investment for local growth.

"Our diverse, resilient economy provides the perfect foundation for Japanese companies."

Bev Craig noted the importance of international engagement for local economic value.

"This is fantastic news for Bolton, which will create hundreds of jobs in Horwich."

Coun Nick Peel expressed enthusiasm about the job creation potential.

"Security for working people is our number one priority."

Jonathan Reynolds highlighted the broader impact of supporting the auto sector on UK jobs.

The investment by Astemo signifies a pivotal shift in Greater Manchester's industrial landscape, placing it as a leader in electric vehicle manufacturing in the UK. As companies increasingly focus on sustainability, Astemo’s commitment not only strengthens local employment but also showcases how international partnerships can spur economic growth. This move may inspire other global firms to consider Greater Manchester as a viable base for high-tech manufacturing.

Highlights

Greater Manchester is at the forefront of the electric vehicle revolution.
This investment shows the confidence international businesses have in our region.
Astemo's commitment is a huge vote of confidence for local manufacturing.
The future of job creation in Bolton looks bright with Astemo's expansion.

Investment and job creation concerns

This substantial investment comes with expectations for job security and economic benefits for the region. Any setbacks could affect public perception and investor confidence.

Astemo's expansion highlights the importance of strategic international partnerships for regional growth.

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ev production investment japan greater manchester employment business employment automotive

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