21/01/2010
Car parts plant may create 600 jobs
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Up to 600 jobs could be created at a new car parts factory in South Wales, according to reports. Japanese firm Toyoda Gosei is planning to open a plant in Swansea, the Western Mail said. The Welsh Assembly Government refused to comment after the paper reported that its inward invest agency International Business Wales (IBW) had been negotiating with the company. It is understood Toyoda Gosei is planning to occupy the former Valeo car components plant in Gorseinon, which closed with the loss of more than 300 jobs in 2001. Property agents handling the site confirmed it was sold recently but declined to name the buyer. Chris Sutton, a partner at the Cardiff offices of property agents King Sturge, said: "It's no comment on the specific of Toyoda Gosei, but... the property has recently been sold." The news comes after it was announced that 900 jobs are likely to go at a car parts factory on the outskirts of Cardiff.
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