Type
Business expansion
Country
United Kingdom
Region
Wales; East Wales; Cardiff and Vale of Glamorgan
Location of affected unit(s)
Bridgend
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41.1 - Development of building projects

200 jobs
Number of planned job creations
Job creation
Announcement Date
3 August 2005
Employment effect (start)
31 December 2005
Foreseen end date

Description

Insight, an industrial site developer has begun work on a new industrial development in Bridgend which backers hope will create up to 200 new jobs in south Wales. The company said it hoped the units, totalling 64,000 square feet, will be completed in December 2005. The £4 million development is supported by Objective One grant assistance. The Bridgend area has been hit by hundreds of recent job losses, including 650 at Sony's TV plants.


Sources

  • 3 August 2005: BBC News

Citation

Eurofound (2005), Insight, Business expansion in United Kingdom, factsheet number 62067, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/62067.