Auto parts maker TMD Friction will create nearly 50 jobs with £1million investment in its factory
North East carmaker TMD Friction is to create nearly 50 new jobs and spend £1million on a new paint line.
The global company’s Hartlepool base, which makes brake friction materials for passenger cars and commercial vehicles, is expected to create 48 new jobs, bringing the workforce to 508.
The £1m investment in the paint line brings total funds secured this year to over £3m while supporting the creation of 48 new jobs – an investment that follows a difficult year for the business, primarily due to circumstances beyond its control.
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The coronavirus pandemic led TMD Friction to make numerous changes to operations to adhere to social distancing guidelines, while isolation rules that were in place until September meant that at one point the company had 25% of its staff at home.
Earlier this year, more than £2million was spent on the factory, including a new paint line, air compressors and equipment and software to dramatically improve the way the business communicates with its staff.
Now the additional investment of £1 million in a second new paint line means TMD is well placed to meet its production target of 120,000 pieces per week, all in a more energy efficient way.
UK Operations Director Tom Russell said: “Looking back over the past 12 months, it is clear that our business has achieved so much in a very difficult global climate.
“The investment obtained from our parent company throughout the year has been well received and reinforces the group’s commitment to our factory.
“And now to be able to announce an additional £1million for the introduction of another new paint line, which will dramatically increase production, quality and carbon emissions, means we are ending 2021 striving to achieve our target of 120,000 pieces per week. , which was our target at the beginning of the year.
“Of course, investing in machinery and equipment is one thing, but investing in our workforce is just as important to us – we know it’s our people who are key to our continued growth and I want to really want to thank them for their efforts as we know it’s been a tough year for many.
“We are ending the year with a bang and it is a tremendous boost for our loyal and dedicated staff to know that further significant investments are being made in Hartlepool.
“At times it has been difficult, but we are now ideally placed to continue on this positive trajectory into 2022, achieving the ambitious targets we set ourselves at the start of this year.”
As a global manufacturer of brake pads, the Hartlepool plant produces pads for 95% of models for the European aftermarket, including emergency service vehicles and many retail small trucks and vans.
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