Business News Wales reports:
Plans for TVR to produce its new 200mph Griffith Supercar in Ebbw Vale have moved a step closer.
A planning application has been submitted to Blaenau Gwent County Borough Council detailing refurbishment of the former Techboard factory on Rassau Industrial Estate, which will become the manufacturing home of the new vehicle.
West Wales-based Jones Brothers has been appointed to carry out the work on the site adjacent to the A465 Heads of the Valleys road overlooking Ebbw Vale and has submitted the planning application. The former Techboard factory on the Rassau industrial estate remains derelict
TVR plans to take on around 80 people initially, and 200 when production is fully up and running.
The TVR Griffith has already been unveiled and was designed by acclaimed McLaren engineer Gordon Murray. It uses his innovative iStream chassis architecture and weighs just 1250kg, with near perfect weight balance to fully exploit the potential of the 5.0V8 petrol engine.
Such is the clamour to own one of the new cars, all 500 of the launch edition cars have been pre-sold, with deposits paid.
News of the planning application submission is a welcome boost to an area that has seen no investment to date on the nearby Rhyd y Blew site where the Welsh Government has proposed a £100m Automotive Technology Park.