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LTI Vehicles Stamps Out Its Future
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By Tony at 2008-02-23 14:29
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The largest British owned automotive manufacturer, LTI Vehicles, has strengthened its UK position by pouring significant investment into its Coventry based plant.
A fully refurbished automotive panel press has been purchased from Fulltex Press Sales in West Bromwich to boost efficiency and re-affirm LTI’s commitment to manufacturing in the UK. The new press will cost LTI in excess of £375,000 and is part of a complete reorganisation of the press facilities in Coventry.
Work has already begun at the 21,000 sq. m. site to make way for the 300 tonne piece of equipment. Arriving in sections under police transport escort, the press is expected to be fully installed and in working order by April 2008. The press will produce the large skin panels for the iconic TX4 taxi.
Mike Brown, Operations Director for LTI Vehicles said: “As we look to celebrate 60 years of taxi manufacturing later this year, this investment provides us with a platform to expand our operation the world over. As the largest UK owned vehicle manufacturer, we are proud of our automotive heritage and this news helps us to secure continued manufacturing here in Coventry."
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