SMMT supply chain firms plan £225m investment

Posted on 7 Jun 2016 by Jonny Williamson

Figures released today show a planned £225m investment by SMMT supply chain members over the next three years, as efforts continue to boost the British content of vehicles built in the UK.

In a new survey of more than 100 Society of Motor Manufacturers and Traders (SMMT) supply chain member companies, 94% said they plan to invest in their businesses over the coming three years – at a total close to £225m. Of those, almost four in five (79%) intend to invest in plant, machinery or tooling; three…

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