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| Version 2 | Version 3 |
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| Cosworth Northampton to create direct 70 jobs and 200 for suppliers | Cosworth Northampton to create direct 70 jobs and 200 for suppliers |
| (about 4 hours later) | |
| Cosworth Engineering is planning to build a new factory in Northampton, creating about 70 direct jobs and up to 200 for suppliers. | Cosworth Engineering is planning to build a new factory in Northampton, creating about 70 direct jobs and up to 200 for suppliers. |
| The firm said it had secured a contract to make engine components for an unnamed "performance vehicle" builder. | The firm said it had secured a contract to make engine components for an unnamed "performance vehicle" builder. |
| Chief executive Hal Reisiger said it was an expansion for the company that would come on stream in June 2014. | Chief executive Hal Reisiger said it was an expansion for the company that would come on stream in June 2014. |
| "We are expanding our capacity into component manufacture and engine assembly," he said. | "We are expanding our capacity into component manufacture and engine assembly," he said. |
| An announcement with further details of the development, including its value, is expected in November. | An announcement with further details of the development, including its value, is expected in November. |
| Mr Reisiger said the move showed the company's "future commitment" to Northampton and was a new avenue of growth for Cosworth. | Mr Reisiger said the move showed the company's "future commitment" to Northampton and was a new avenue of growth for Cosworth. |
| Sourcing finance | Sourcing finance |
| He said the firm was "fortunate to have earned a contract" and it was now targeting more, similar deals with "original equipment manufacturers". | He said the firm was "fortunate to have earned a contract" and it was now targeting more, similar deals with "original equipment manufacturers". |
| "We are currently evaluating three locations all in Northampton," he added. | "We are currently evaluating three locations all in Northampton," he added. |
| The company, which is based in Northamptonshire, also has a site in Cambridge. | The company, which is based in Northamptonshire, also has a site in Cambridge. |
| David Mackintosh, leader of Northampton Borough Council, said the announcement had been made at a Northampton Alive event on Friday. | |
| "The audience heard how Cosworth will be investing in new manufacturing facilities and creating jobs," he said. | "The audience heard how Cosworth will be investing in new manufacturing facilities and creating jobs," he said. |
| "This is another positive announcement for our successful Enterprise Zone. | "This is another positive announcement for our successful Enterprise Zone. |
| "We are seeing new businesses investing in Northampton, and our established business community is expanding." | "We are seeing new businesses investing in Northampton, and our established business community is expanding." |