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Welsh Government funding helps in firm's expansion plans.

A KIMNEL Bay based company that manufactures sophisticated precision tools for Rolls-Royce and other automotive and aerospace companies is creating 23 new jobs.

The expansion by Consort Precision Diamond in Conwy is being supported with PS200,000 in funding from the Welsh Government.

Economy Minister Ken Skates said: "The support from Welsh Government will help fund the first phase of a five-year plan that will see Consort Precision Diamond building a new premises and increasing its headcount to just shy of 170.

"Consort Precision Diamond actually exports extensively to markets outside of the EU, meaning that it is a stronger position to deal with the changes and challenges that Brexit will bring.

"I would urge any business in Wales to access our comprehensive range of exporting support and advice so they can put themselves in the strongest possible position to navigate the journey ahead.

"Of course we know that what business really needs, and continues to call for, is certainty. For our part, we will keep pushing the UK Government to take no-deal off the table and work to secure a Brexit that protects Welsh jobs and our economy."

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Title Annotation:Business
Publication:Western Mail (Cardiff, Wales)
Geographic Code:4EUUK
Date:Mar 6, 2019
Words:189
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