1. ITV Report

£60m in Aston Martin contracts on offer to Welsh firms

Aston Martin contracts worth over £60 million will be on offer to Welsh businesses.

Aston Martin will build their new DBX model at St Athans in the Vale of Glamorgan. Credit: ITV Cymru Wales

First Minister Carwyn Jones announced these contracts would be advertised on the Welsh Government's procurement portal, Sell2Wales.

It is the first time that private sector contracts have been advertised on the portal designed to help Welsh businesses win contracts.

This announcement comes as Aston Martin gains official access to the three Ministry of Defence 'super hangars' in St Athan, which will be used to manufacture the new DBX model from 2020.

We are delighted to have made another significant step forward on our St Athan journey, as we develop the former MOD site to our new manufacturing facility. Being able to use the Sell2Wales procurement channel has enabled us to promote the various contracts we have to a wider audience within Wales and beyond.

– Dr. Andy Palmer, President and CEO of Aston Martin

This is exciting news for Welsh business as it is the first time the channel has been used to award private sector contracts.

The move means that Welsh SMEs will now have easy access to the range of contracts being advertised by Aston Martin for work on the St Athan site and when combined with for example active supplier development from Business Wales could potentially mean over £60m of contracts coming to Wales.

Aston Martin is already having a positive influence on the economy of Wales with more than 40 Welsh workers already employed at the Gaydon site and we know that many more job opportunities will follow before 2020.

The company’s move to St Athan is a major success story for Wales and I look forward to continuing to build on our working partnership with the company in order to bring maximum benefits to our economy and enhance our worldwide reputation.

– Carwyn Jones AM, First Minister

Ammanford-based construction firm, TRJ has been unveiled as the first Welsh business to benefit after securing the contract for phase 1 of Aston Martin’s initial work at St Athan.

We are delighted to be the first Welsh company to be appointed by Aston Martin for work on their St Athan site.

It is really great news that Aston Martin is actively looking to engage with Welsh SMEs and I am sure we will be the first of many Welsh companies to benefit from their move to St Athan.

– Owain Jones, Director of TRJ

The St Athan site is expected to employ 750 workers before 2020 and it is estimated the move will bring economic benefits worth half a billion pounds to Wales.

Watch our Business Correspondent Carole Green's report: