Fifteen jobs have been created and twenty jobs will be protected at a Newport steel company after it invested £1m and secured a new lease.
Newport-based BRC Reinforcement Limited, part of the Celsa Group of companies, will also use some of the investment to buy new machinery, improve the layout of the factory and boost productivity levels.
As a major supplier to the UK’s construction industry, BRC has provided materials to a plethora of projects such as Crossrail in London, Sky Garden London, the Mersey Link, and the Aberdeen bypass.
The firm is also the UK’s largest supplier of steel reinforcement for concrete and uses 98% recycled steel produced at its associated steelmaking plant in Cardiff.
BRC itself will be investing more than £1m into the project and is agreeing to a new long-term lease with its landlord at its Corporation Road site.
The company will also purchase new bespoke shear and bending machinery to enhance production efficiencies, which in turn will help to ensure a long-term future in Newport.
BRC managing director John Collins said: “This investment will help consolidate BRC’s position as the pre-eminent reinforcing fabricator in the UK, with an unrivalled capability of supplying all the major infrastructure projects
“This is a demonstration of our close collaboration with Welsh Government and has been made possible through the dedicated support of our workforce and the Community Union.
“We share a joint objective of promoting local responsible sourcing and the circular economy. It means that we really can make in the UK to build the UK.
“With many customers wanting a supply chain which supports UK manufacturing and gives low carbon, recycled reinforcing steels, we are in a unique position to guarantee our source of supply.
“This equipment means we can supply even more in the years to come.”
Economy secretary Ken Skates said that supporting the steel industry in Wales through “a difficult and challenging time” remains a key Welsh Government priority.
“I am pleased that our investment is helping BRC to drive up its productivity and create and protect jobs at its Newport site,” he said.
“In December I launched our economic action plan, which focuses on spreading the fruits of economic growth to communities right across Wales, and I am hopeful that our investment will help secure a successful future for BRC in Newport.
Community Union representative Steve McCool added: “This announcement represents the excellent work being carried out by the workforce and management to establish the Newport site as a significant and strategic facility in the Celsa supply chain.
“Community members at the site have worked hard with the local management to secure this investment.”
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