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Overview:
Wales has a long and distinguished history of industrial innovation and
achievement, emerging as a leading force in a diverse range of high-tech
sectors, from aerospace to technology and bioscience. Cardiff, the capital, is
an international city with a strong business base and world-renowned sporting
and cultural venues. Other major centres are Newport and Swansea in the south
and Wrexham in the north.
Wales is home to a world-class aerospace and defence industry covering a wide
range of operations, including maintenance, repair and overhaul (MRO), equipment
manufacturing, unmanned systems and defence. There are around 150 companies
employing around 20,000 people including BAE Systems, Raytheon, SELEX Sensors &
Airborne Systems, QioptiQ, British Airways and Airbus UK.
The Airbus facility at Broughton, north Wales, is the company’s Centre of
Excellence for Wing Assembly and Equipping and is participating in the Next
Generation Composite Wing (NGCW) collaborative programme.
“This investment … reflects the hard work by the employees over the last few
years to improve the plant’s competitiveness and is a vote of confidence that it
has a sustainable future in the automotive industry.”
Jonathan Williams, plant manager, CalsonicKansei Group
Key sectors:
aerospace, automotive components; optoelectronics, semiconductors,
telecommunications, ICT, software, multimedia; life sciences, biotechnology,
medical devices, pharmaceutical; petrochemical; food and drink; financial and
business services, contact centres.
R&D strengths:
aerospace, manufacturing, engineering, materials; optoelectronics, electronics,
telecommunications, software, digital media; biotechnology, medical devices,
medicine, pharmaceutical; sustainable technologies.
Major investors include:
ATL Telecom, Adler Manufacturing, Admiral Insurance, Airbus, Alcatel Lucent,
Amazon.com, Avana Bakeries, Aviza Technology Inc, Axiom Manufacturing Services,
BAE Systems, BG Group, BT, Bergstrom, Bilcare, Biomatrix Pharma, Biomet Europe,
Bisley Office Equipment, Britax Aircraft Seating, British Airways, Calsonic
Kansei, Carlisle Brake Products, Carlyle Group, Chevron, Closed Loop Recycling,
ConvaTec, Corus, Creditsafe.com, Days Healthcare UK Ltd, EADS Defence & Security
Systems, EDS, E.ON, Electroimpact Inc, Enex TestLab, Exxon, Falck Renewables,
Ford, Fujitsu Services, G24i, GE Aircraft Engine Services Ltd, GE Healthcare,
GMAC, General Dynamics, Gen-Probe, GoCompare.com, HSBC, Harman/Becker, Huntleigh
Diagnostics, IBM, ING Direct, IdentiGEN, InsureYourMotor.com, International
Rectifier, Irvin-GQ Ltd, Legal & General, Lloyds Banking Group, LogicaCMG,
Macquarie Bank, Masco Corporation, Mitel Networks Ltd, Mitsui Components Europe,
Molecular Light Technology, Moneysupermarket.com, Murphy Oil, Next Generation
Data, Nissin Showa, Nordam, Norgine, Novelis, Object Matrix, Ortho-Clinical
Diagnostics, Panasonic Communications, Petronas, Picture Financial, Pingar, Pure
Wafer, Qatar Gas, QioptiQ, Quative Limited, Quinn Radiators, RWE Npower, Robert
Half, Raytheon, Safe Information Group, SELEX Sensors & Airborne Systems, Sharp,
Siemens Healthcare Diagnostics, Sims Recycling Solutions, Sogefi Filtration,
Solutia, Sony, SPP Process Technology Systems, SPX Contech, Stena, Sumitomo
Electrical Wiring Systems, Sword Group, TWI, Takao Europe, Texaco, Total,
Toyota, Tyco Electronics, Unilever, Valtech, Wockhardt, Zurich Financial
Services.
Grants:
West Wales and the Valleys are Tier 1 Assisted Areas and also benefit from
European Convergence funds. Single Investment Fund grants are available in
certain parts of Cardiff, Flintshire, Newport and Powys (see map on Grants
Information).
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