Aston Martin have completed the purchase of land at St Athan, Vale of Glamorgan, where they will be building their new DBX model.
Work has already begun on staff facilities at the site, with the second phase due to start next April, when the company will gain access to the three Ministry of Defence “super hangars” that will house the manufacturing plant.
Secretary of State for Wales, Rt Hon Alun Cairns MP, said:
Aston Martin choosing Wales sends a clear message to leading global companies around the world that Wales is open for business.
We have created the ideal conditions for economic growth, which helped attract this unique and innovative car manufacturer to South Wales. Today’s announcement reflects the excellent infrastructure, a world class talent pool and businesses that have the confidence to expand in Wales.