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The Norton Motorcycle Co Ltd has announced that the company is moving to a new headquarters. The state-of-the-art production site located in Solihull, West ...
Norton Motorcycle, owned by TVS Motor, has announced that it is moving to a new headquarters and shifting its production site to Solihull, West Midlands in the UK. The company will open the facility following a multi-million pound investment by Norton’s Indian parent company, TVS Motor Company. It will be the most advanced manufacturing facility in the 122-year-old motorcycle brand’s history. The new manufacturing facility will use modern-day, quality-assured production processes. Skilled technicians will deploy bespoke bike building techniques and state-of-the-art manufacturing equipm...
Another claim has also arisen from Tudor Capital, who say they are owed money from a claim that was incorrectly marked as satisfied. BDO’s investigation has shown their claim is valid and they expect to make a repayment in the region of £1.7m. Second in line are the preferential creditors, however given all the employees have been taken on by the new TVS backed business, it’s not expected they will make any claims. Next up come the unsecured creditors, which include deposit holders. To date BDO have received £8.8m of claims from unsecured creditors, far exceeding the £6.2m held on reco...
Historic Norton Motorcycles reveals new factory as it moves operations out of Leicestershire 'The opening of this state-of-the-art facility will create the foundations for a sustainable long-term future' Norton Motorcycles in Solihull Never miss another Leicestershire story by signing up to our free email updatesInvalid EmailSomething went wrong, please try again later. Sign up When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more a...