Blackwood packaging firm creates 70 new jobs
NEW INVESTMENT is to create 70 new jobs in Blackwood and safeguard more than 170 existing posts.
Packaging firm Seda UK, which makes packaging for the food, dairy and confectionary industries, is investing £18m over the next five years in a major expansion at its Blackwood plant.
Packaging firm Seda UK, which makes packaging for the food, dairy and confectionary industries, is investing £18m over the next five years in a major expansion at its Blackwood plant.
Advertisement :
--------------
prabhakaronline.com
Economy Minister Edwina Hart has welcomed the investment which is being supported with £5.4million business finance from the Welsh Government.
The Minister met the Italian owners at the site last year to discuss the potential investment project - Seda UK is a subsidiary of the family owned Seda International Packaging Group SpA, which is headquartered in Naples and a world leader in packaging for the ice-cream and food industry The Minister said: "I am delighted to announce this latest investment is now going ahead in Wales as Seda UK was in competition with other sites in Europe for this project.
"Seda has continued to invest and expand in Wales with support from the Welsh Government since it moved here in 2004. It employed 278 at the time of this grant application at its site in Hawtin Park, making a significant contribution to the local economy. This new project will safeguard and create a significant number of jobs over the next five years." - southwalesargus.co.uk
The investment in new plant and machinery and the potential for an additional manufacturing unit will enable the company to meet the growing demand for its range of products.
Managing Director Lorenzo Angelucci said that Seda UK had enjoyed considerable year on year sustained growth since its relocation to Wales and this additional investment will increase its capacity.
Managing Director Lorenzo Angelucci said that Seda UK had enjoyed considerable year on year sustained growth since its relocation to Wales and this additional investment will increase its capacity.
0 comments :
Post a Comment