A specialist rubber manufacturing business has been set up in South Wales, U.K., with the help of a 475,000 [pounds sterling] funding package, safeguarding 16 jobs.
A specialist rubber manufacturing business has been set up in South
Wales South Wales south n → sud m du Pays de Galles , U.K., with the help of a 475,000 [pounds sterling] funding
package, safeguarding 16 jobs. The Hampshire, U.K.-based Cellular
Developments Ltd. bought the assets of the former Roulunds Codan (Wales Wales, Welsh Cymru, western peninsula and political division (principality) of Great Britain (1991 pop. 2,798,200), 8,016 sq mi (20,761 sq km), west of England; politically united with England since 1536. The capital is Cardiff. )
operation on the Penallta Industrial Estate, near Ystrad Mynach Ystrad Mynach is a town in the county borough of Caerphilly, traditional county of Glamorgan, south Wales, 5 miles north of Caerphilly town. It has a population of around 10,000 and stands in the Rhymney Valley. , which
produced rubber hoses and moldings for the automotive industry The automotive industry is the industry involved in the design, development, manufacture, marketing, and sale of motor vehicles. In 2006, more than 69 million motor vehicles, including cars and commercial vehicles were produced worldwide. . The new
company will trade as Valley Rubber and aims to capitalize on Roulunds
Codan's expertise in the automotive sector and expand its range of
products, placing particular emphasis on creating a research and
development capability.
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