UK manufacturer Star Precision Tools has received a £100,000 (US$125,330) investment from the National Tooling Loan Fund to produce tooling for components needed for the second-gen Range Rover Evoque, which will be launched next year.
The project will deliver 10 specialist press tools for manufacturing components to fit in the vehicle’s glass sunroof, as well as the main plastic surround – crucial in reducing damage when the vehicle is crash tested or involved in a collision.
Jayne Bates, director at Star Precision Tools, said, “First and foremost, we are a family-run business that has played a huge role in developing quality, innovative tooling and components for clients across a range of sectors including automotive, storage and agriculture.
“Our track record and commitment to delivering bespoke products places us well to serve new tooling requirements. This investment from Frontier Development Capital will help us to support JLR now and in the future, driving the short and long-term growth of the company.”