Jaguar has sold its historic Browns Lane plant site in the British midlands to a firm that makes prefabricated buildings.
Ford's British luxury brand will move its headquarters, veneer manufacturing operation and Jaguar museum to a new business center next to its engineering center in nearby Whitley.
Jaguar would not say how much it received for the 117-acre site. Construction supplier Delamar said it would spend $346.8 million to erect a plant at the site that could employ 2,000 workers within a year.
Jaguar has operated a plant at Browns Lane since 1951. But production of the XJ sedan and XK coupe ended in 2005. Those vehicles now are produced at Jaguar's Castle Bromwich plant in Birmingham.
About 500 people work at Browns Lane, most of them in a plant that makes wood and metal trim for Jaguar, Land Rover and Aston Martin vehicles.