Toyota to invest £240m in Burnaston factory
The manufacturing plan...
Japanese automotive giant, Toyota, is defying Brexit fears by investing £240 million in upgrading one of its UK factories.
The manufacturing plant in Burnaston, which makes the Toyota Auris and Avensis, will be updated to use its new global manufacturing system. The factory produced around 180,000 vehicles last year.
This investment aims to make the local area more competitive. Nigel Driffield, Professor of International Business and a researcher in foreign direct investment at Warwick Business School, offered the following expert opinion:
"Toyota’s announcement may be considered 'business as usual – for now'. The £240m investment is dwarfed by the proposed $10bn that the company intends to invest in the US over the next 5 years, and is an amount that is not much more than 'ticking over'.
"However, this announcement by Toyota is further evidence that the car industry is confident that even in the event of a hard Brexit it will get the type of support that it needs from the Government to remain competitive.
"It is likely that tariffs in the car industry will be low between the UK and Europe, and what companies are particularly concerned about is their supply chain. At the moment the main UK producers have supply chains which cross the channel a number of times, and this is especially true of the Japanese car manufacturers.
"These are particularly vulnerable to a hard Brexit, as both the tariff and non-tariff barriers that may arise will make co-ordinating such supply chains problematic.
"The Government, as well as local agencies, need to give careful thought to where local supply chains can be strengthened, and where the vulnerabilities to a hard Brexit are."
Follow @ManufacturingGL and @NellWalkerMG
Sustainable Manufacturing: Bayer Joins Manufacture 2030
“Advancing life - that's what we at Bayer are all about.” With this strong mission statement at the core of its operations, it seems fitting that the pharmaceutical and life science company has joined Manufacture 2030 to further promote inclusive growth and responsible use of resources.
For Bayer, the concept of means “providing more people across the world with access to health care and food security, and devising solutions to protect the environment, especially decarbonisation, climate adaptation, and biodiversity preservation.”
Bayer’s Ambitious Series of Sustainability Commitments
In line with the United Nations Sustainable Development Goals and the Paris Agreement, Bayer’s ambitious sustainability targets to achieve by 2030 include:
- To reduce its Scope 1 and 2 greenhouse gas (GHG) emissions by 42%, and absolute Scope 3 GHG emissions by 12%
- By 2030 the remaining emissions of Bayer’s operations will be fully offset by purchasing certificates from verified climate protection projects
“Given CO2 emissions are the main reason for climate change, Bayer is committed to making our business as resource efficient as possible, aiming to become carbon-neutral across our own operations by 2030. By partnering with Manufacture 2030 and their cloud-based platform, the Bee, we can better equip our operational teams with the know-how needed to reduce impacts, as well as track our site-level performance towards company targets. We are confident that by embedding innovative technologies like the Bee, we can play our part in protecting the climate,” said Thomas Gosmann, Head of Pharma Technology & Global Energy Manager at Bayer.
Bayer’s Five Year Partnership with Manufacture 2030
Over the next five years, Manufacture 2030 aims to help Bayer meet its targets, reducing SCope 1 and 2 emissions across Bayer’s 138 sites, and covering all three business units (pharmaceuticals, consumer health and crop science).
“We are delighted to be launching this new partnership with Bayer, helping them to achieve their Science Based Targets by reducing site-level environmental impacts. Helping people and the planet is at the heart of Bayer’s philosophy, as well as being an organisation full of expertise, so we are thrilled they have chosen our unique platform to aid them in continually improving the environmental sustainability of their business,” added Martin Chilcott, Founder and CEO at Manufacture 2030.
About Manufacture 2030
Manufacture 2030 - Founded in 2017 - is a trading brand of mission-driven private company . Manufacture 2030 pioneers new ways to drive sustainable proactive across the manufacturing and supply chain world by partnering with multiple brands and their suppliers to reduce environmental impacts.
Headquartered in the UK, the company’s platform and support services help suppliers and manufacturers in 50 countries around the world.
“We are a culturally diverse and energetic team, passionately committed to helping our clients and their suppliers achieve their carbon reduction commitments,” says Manufacture 2030.