THE Welsh Government is providing £6m in funding a toilet roll manufacturer in south Wales.
WEPA UK is using the investment to supports expansion plans, which are expected to create more than 54 jobs, as well as safeguard hundreds more, at its Maesteg site.
Economy Minister Ken Skates said the funding from the Welsh Government’s Economy Futures Fund will be crucial in seeing the firm’s site developed into a fully integrated papermill, doubling production.
A new paper machine will enable the company, which is one of the leading suppliers of household paper in the UK, to produce an additional 65,000 tons a year of toilet paper and kitchen towels for the British market.
The announcement comes as the Welsh Government this week launched its Economic Resilience and Reconstruction Mission which sets out how it will work to rebuild Wales’ post Covid economy so that it values and prioritises wellbeing, drives prosperity, is environmentally sound, and helps every person in Wales to realise their potential.
Mr Skates said: “WEPA is a vitally important employer in the region, and the £6m the Welsh Government is investing will be crucial in supporting the local economy at what continues to be an incredibly difficult time.
“I am delighted that our investment will help the business create good-quality jobs as the volume and variety of products produced by the business increases.”
Tony Curtis, the joint managing director of WEPA UK Ltd, said the company has worked with the Welsh Government on the major project since the concept was first considered and they are grateful for the support they have received.
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“During such unprecedented times as these, this is a fantastic development for our UK business, particularly for the local community in which we operate, our UK-wide customers and our employees who can now plan for the future with increased confidence,” Mr Curtis said.
“This investment provides state of the art additional production capacity with an important quality upgrade to our product offering; it will also drive our site operations to the leading edge of sustainability in our industry.
“The project offers employment protection for our existing workforce of over 270 Bridgend employees and also creates more than 50 additional jobs at the site.”