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Turkish firm HDM Steel Pipe Cardiff factory to create 38 jobs | Turkish firm HDM Steel Pipe Cardiff factory to create 38 jobs |
(about 1 hour later) | |
A Turkish company is to set up a £7m factory in Cardiff, creating 38 jobs. | A Turkish company is to set up a £7m factory in Cardiff, creating 38 jobs. |
The agreement by HDM Steel Pipe was announced at the start of a two-day trade mission to Turkey led by the deputy prime minister Nick Clegg. | The agreement by HDM Steel Pipe was announced at the start of a two-day trade mission to Turkey led by the deputy prime minister Nick Clegg. |
"It's fantastic to be announcing new jobs for the UK and such an impressive set of deals for British businesses, he said. | "It's fantastic to be announcing new jobs for the UK and such an impressive set of deals for British businesses, he said. |
The visit by Mr Clegg and business minister Michael Fallon is aimed at securing deals worth £500m in total. | The visit by Mr Clegg and business minister Michael Fallon is aimed at securing deals worth £500m in total. |
Eighteen business leaders were accompanying the ministers on the visit to the Turkish capital Ankara and its largest city Istanbul. | Eighteen business leaders were accompanying the ministers on the visit to the Turkish capital Ankara and its largest city Istanbul. |
"Turkey is Europe's seventh largest economy and is one of the world's largest markets," said Mr Clegg. | "Turkey is Europe's seventh largest economy and is one of the world's largest markets," said Mr Clegg. |
"My main aim this week is to ensure that more UK firms can capitalise on the economic opportunities Turkey offers." | "My main aim this week is to ensure that more UK firms can capitalise on the economic opportunities Turkey offers." |
Welsh secretary David Jones said it was a vote of confidence in the skills of workers. | |
"Wales has a long history and strong reputation in the steel-making industry and this opportunity will allow workers in Wales to share in HDM Steel's growth and success," he said. |
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