Sports car production is coming to the Cornish town of Redruth with the launch of a new business that will create at least 50 jobs.
Jetstream Sports Cars is setting up a new factory from where it hopes to produce 50 high performance sports cars in its first year, rising to 300 in five years.
The firm, formed by motor industry veterans Malcolm Faiers and John Donnelly, is being supported with a £265,000 investment from the South West of England Regional Development Agency (RDA).
Finance director Andy Goodman said that Jetstream Sports Cars has signed a lease with Percy Williams Builders using the services of Camborne-based property agents Goldring Yates for a 14,000 sq ft unit on the Treleigh Industrial Estate in Redruth and expects to start production later this month.
The design of the car is being kept under wraps until a formal…
