Major boost for local economy of Denbighshire
Labour AM for the Vale of Clwyd, Ann Jones, has hailed a deal between Reflex and Allen and the Welsh Government as a major boost for the local economy of Denbighshire.
Local AM, Ms Jones said: “Ever since Hotpoint left the site in Boddelwyddan, a prime strategic location has gone under-utilised. I am absolutely delighted that the Welsh Labour Government has intervened and worked tirelessly to find a future for the site. This announcement marks a huge economic boost for Denbighshire.
“Reflex and Allan will bring more high quality jobs to our local area and has the potential to grow further with this significant announcement. I am thrilled that R&A have recognised that North Wales and, particularly, the Vale of Clwyd has such a lot to offer and is a great place to do business in.
“I do need to pay tribute to the Economy Minister, Edwina Hart, for taking such a close personal interest and making this deal possible”.
Reflex & Allen UK (R&A UK) is expanding its operations in Bodelwyddan by relocating into much larger premises on the former Hotpoint site – a key element of its growth strategy to double turnover to £80million within five years.
The Italian owned company currently operates from a 70,000 sq. ft. facility on Kinmel Park Industrial Estate, which is close to full capacity. Under the deal signed with the Welsh Government it will now buy the 170,000 sq. ft. unit that is being created by dividing the former Hotpoint factory into two detached units.
The exchange of contracts marks the launch of project RAUK2020 –a five year expansion programme to grow the business, target new markets and double turnover. The £4million investment by R&A UK has already created 35 new jobs and will safeguard a further 50 jobs. The move is being supported by the Welsh Government with £1.2million of business finance towards fit out costs and jobs.
R&A UK, which employs 280 people, design and manufacture pneumatic and hydraulic tubing, electrical cable and formed tube assemblies mainly for large trucks and engine manufacturers. Its main customers are Cummins, Paccar Group, Volvo & Renault Trucks, Scania & MAN Trucks.
Its expansion plans will not only secure the company’s long term future in the region but enable it to diversify into the car market and grow the business further.