20 April 2012

New Investment by Toyoda Gosei in Gorseinon Wales

A New Investment in a New Manufacturing Site from Toyoda Gosei (Japanese Car Parts Manufacturer) has been unveiled at Gorseinon (SouthWest Wales Town) with the statement to create of 500 new jobs, as it was officially open by the Welsh First Minister Carwyn Jones.

The new 500 jobs (as originally stated by the Western Mail in 2010) are being created over the next five years. Toyoda Gosei's Investment amounts to over £10m, and is supported by the Welsh Government.

The location of the site/plant was secured by Toyoda Gosei two years ago, the opportunity for the purchased originated when the French-owned Valeo (also a car parts manufacturer) was closed back in 2001 with the unfortunate loss of 330 jobs.

In this context it follows that, the automotive industry is central to the economy of Wales, with 150 companies employing over 20,000 people.

Welsh First Minister Carwyn Jones stated: “This is another vote of confidence in Wales and Welsh manufacturing. This investment, supported by the Welsh Government, will create 500 new highly skilled jobs. This is a real boost for the local economy. It is a pleasure to celebrate the grand opening of this new site. The fact Toyoda Gosei opted to place this factory here in Wales shows that as a country we have a workforce that can compete for world-class manufacturing facilities. My government will continue to do all that we can to help Toyoda Gosei propser and grow."