Supplier to Rolls Royce Creating Additional Jobs
Consort Precision Diamond, the Continental Diamond Tool subsidiary that specializes in Rotary Diamond Dressers, was recently featured in the Daily Post in Wales. Read the article below or link to the Daily Post website here.
BY OWEN HUGHES, Business Correspondent | Daily Post
A company that manufactures sophisticated cutting tools for Rolls Royce and other automotive and aerospace companies is to create 23 new jobs.
Economy Minister, Ken Skates (pictured) visited Consort Precision Diamond in Kinmel Bay, Conwy to discuss the expansion plans, which will be supported by £200k from Welsh Government.
The Minister also spoke to the company’s management team about the types of challenges they are facing in the run up to Brexit, and urged them to take advantage of the range of support offered to Welsh business to help them prepare and build resilience ahead of Brexit.
Ken Skates said: “I am delighted that the Welsh Government is supporting Conwy based Consort Precision Diamond in its plan to expand its facilities and create an additional 23 highly skilled jobs at Kinmel Bay.
“The support from Welsh Government will help fund the first phase of a five year plan that will see Consort Precision Diamond building a new premises and increasing its head count to just shy of 170.
“It was also good to speak to the company about its Brexit preparations and to ensure they are aware of, and are accessing the full range of Welsh Government support.
“Consort Precision Diamond actually exports extensively to markets outside of the EU, meaning that it is a stronger position to deal with the changes and challenges that Brexit will bring.
“I would urge any business in Wales to access our comprehensive range of exporting support and advice so they can put themselves in the strongest possible position to navigate the journey ahead.
“Of course we know that what business really needs, and continues to call for, is certainty.
“For our part we will keep pushing the UK Government to take No Deal off the table and work to secure a Brexit that protects Welsh jobs and our economy.”