The Maesteg-based bakery is set to move part of its production to newly refurbished premises thanks to
The loan of £195,000 will enable the baked goods specialist to expand its production and invest a total of £700,000 into new production facilities at Heol-Ty-Gwyn Industrial Park.
The investment will see the creation of 10 new permanent jobs while safeguarding a further 20, bringing the company’s total headcount to 90 people, all employed from the local area.
The new units will provide space for the business to move its cake plant out of the current Spelter site so it can increase production, expand, and concentrate on the recently acquired Burts Cakes and Biscuits, which is already well established and growing.
The company recently won a couple of significant contracts with Morrisons and Booker, making expansion a necessity to accommodate the increased level of new business, which will see the company ramp up production and increase turnover by some 40% by the end of 2018.
Economy Secretary Ken Skates said: “Talgarth is an important employer in the South Wales Valleys and is a company with an excellent track record of growth and profitability.
“I look forward to seeing the company reach its expansion goals.”
Talgarth Bakery was established in 1904 and purchased by its current owner, Howard Hughes, in 1986.
The company has grown steadily over that period and now serves more than 200 local customers, both retail and wholesale with over 500 products delivered weekly in its own liveried vans.
Howard Hughes managing director of Talgarth Bakery said: “I want to thank the Welsh Government for its continued support in assisting our business to not just expand, but in safeguarding the jobs of our loyal workforce.”
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