Wall Colmonoy’s new machine shop will make world class high alloy nickel and cobalt castings. These components are used in highly demanding industries such as aerospace, automotive, chemical, Formula 1 racing and power generation.
230 people are employed at the site and 80 percent of the goods produced there will be exported outside the UK.
The new 25,000 sq ft facility is part of a major project to expand manufacturing capacity at Pontardawe. It cost around £9 million with the Welsh Government providing £2 million of funding.
The First Minister toured the site with Bill Clark, Chairman and owner of the US parent company, and saw for himself Wall Colmonoy’s production facilities and products.
The First Minister said:
"I am delighted to open this state-of-the-art engineering facility, which is dedicated to all the men and women whose hard work and commitment have made Wall Colmonoy the successful business it is today.
"The decision to expand here in Pontardawe is a great boost for manufacturing in Wales and the Welsh economy. The ability of Wall Colmonoy to remain competitive and committed to Wales during these challenging economic times shows real commitment and my government will continue to support you in any way we can."
Managing Director of Wall Colmonoy Ltd, Norman Allnatt, said:
"The company has been in Wales more than 40 years and it is with the continuing help of the Welsh Government and its predecessor organisation that the business has prospered; retaining high quality employment and continuing the long-term metallurgical history of the area."