Fortescue is expanding its battery and electric powertrain production operations in the UK with the announcement of an additional state-of-the-art facility in Oxfordshire, creating more than 120 jobs.
Fortescue Chairman Andrew Forrest said the expansion is part of Fortescue’s commitment to growing its British presence through the recent integration of iconic British manufacturers WAE (formerly Williams Advanced Engineering).
“With Fortescue’s investment, British engineering will be at the cutting edge of the green energy economy with WAE’s battery systems providing world-leading technology to the entire global industrial sector,” Dr Forrest said. “It is heartening to have the UK’s Trade Secretary today at our factory in Oxfordshire to support this message of British technology excellence for both its people and its highly attractive working environment.”
Following the entry into force of the Australia-UK Free Trade Agreement (FTA), Fortescue will open a new state-of-the-art site in Banbury, Oxfordshire, significantly expanding its UK manufacturing capability, and supplying advanced batteries and electric powertrains globally.
The new location will be focused on the production of a wide range of zero-emission products for the off-road sector including trucks and trains. It will form part of a new global business aimed at driving decarbonisation in all fields of economic activity while building sovereign capabilities in emerging technology.
The factory will cover over 13,500 square metres in total and employ over 120 skilled engineers, technicians, apprentices and graduates, with recruitment for the industrialisation programme starting now.
This announcement ensures Australia and the UK build sovereign capability in an area of central importance to future economic development and is another key win of the UK Government’s free trade agenda.
The integration follows Fortescue gearing up to meet growing global demand for the development, manufacture, and supply of advanced electrification technology solutions to the off-highway sector.
This announcement follows the entry into force of historic Australia – UK Free Trade Agreement which sees a key focus on next-generation manufacturing and capabilities.
The new Banbury facility will operate alongside Fortescue’s other Oxfordshire facilities including the Kidlington factory which will open later this year. The Banbury site, which covers 13,500 square metres, will be a purpose-built facility focusing primarily on manufacturing heavy industry, electric/ zero-emission powertrain systems.
It will offer automated assembly for battery modules and packs, assembly of power conversion and power systems, as well as truck and train production support.
The site will officially open in 2024 and will create job opportunities across all levels, including apprentices and graduates, acting as showcases for a future rollout by WAE of further global high-tech manufacturing hubs.