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600 jobs hope with car parts firm | 600 jobs hope with car parts firm |
(about 2 hours later) | |
A Japanese car parts firm is putting together a deal which could bring up to 600 jobs to Wales, it is understood. | A Japanese car parts firm is putting together a deal which could bring up to 600 jobs to Wales, it is understood. |
Toyoda Gosei, a resin and rubber parts maker in the Toyota group of companies, is expected to invest in the former Valeo plant in Gorseinon, Swansea. | Toyoda Gosei, a resin and rubber parts maker in the Toyota group of companies, is expected to invest in the former Valeo plant in Gorseinon, Swansea. |
It is understood talks have been under way for about 18 months, although details have been leaked prematurely. | It is understood talks have been under way for about 18 months, although details have been leaked prematurely. |
It comes a week after it was announced that 900 jobs are to go at the Bosch car parts plant, Vale of Glamorgan. | |
The French-owned Valeo plant in Gorseinon made car parts and closed in 2001 with the loss of 330 jobs. | The French-owned Valeo plant in Gorseinon made car parts and closed in 2001 with the loss of 330 jobs. |
It made air conditioning units for the automotive industry. | It made air conditioning units for the automotive industry. |
The property was occupied by Amazon in 2007/08 for a year while they built the distribution centre at Fabian Way. | The property was occupied by Amazon in 2007/08 for a year while they built the distribution centre at Fabian Way. |
'Grants culture' | |
Agents King Sturge have confirmed the site has been sold. | Agents King Sturge have confirmed the site has been sold. |
Chris Sutton, a partner at the Cardiff offices of the property agents, said: "It's no comment on the specific of Toyoda Gosei, but I'm happy to confirm that King Sturge were retained to market the property and the property has recently been sold." | |
The Welsh Assembly Government refused to comment about Toyoda Gosei. | |
The company has a plant at Rotherham, Yorkshire. | |
Deputy First Minister Ieuan Wyn Jones said on Monday the assembly government did everything it could to save the Bosch factory in Miskin. | |
He told AMs in Cardiff Bay it was difficult for Wales to compete with the low costs available in Eastern Europe, India and China. | |
The Plaid Cymru leader, who led a trade mission to Japan in 2008, has called for an end to a "grants culture" of using big one-off handouts to attract foreign investors. |
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