A Chinese tyre firm has bought a Midlands company which makes parts for Jaguar Land Rover - and immediately promised new jobs. It's a thirty million pound takeover by the firm which is known as the Michelin of China.
The new boss said he bought the company because of its reputation and because of the success of Jaguar Land Rover and he plans to expand the operation and take more people on soon. He spoke to our Business Correspondent, Mark Gough.
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