2012 review: A year in Welsh business
Our Business Correspondent looks at 12 months that began with the collapse of a Welsh retailer, but end with signs of confidence returning.
Our Business Correspondent looks at 12 months that began with the collapse of a Welsh retailer, but end with signs of confidence returning.
The company have announced a new order for 100 more A320 family aircraft.
Aeroplane giant Airbus says it has found a fix for the problem it has had with the wings it makes at Broughton in Flintshire.
A cargo ship that was stranded on a sandbank near the Port of Mostyn for 11 days has now arrived at Holyhead for extensive safety checks.
The Ciudad de Cadiz, which carries aeroplane wings from the Airbus plant in Flintshire to France, was refloated yesterday.
It was examined at Mostyn, and no damage found, before travelling round to Anglesey this morning.
There, it is having a more extensive underwater safety survey.
Liverpool Coastguard says three tugs were used to refloat the Ciudad de Cadiz at around 10am this morning.
The ship is now back at the quayside at the Port of Mostyn.
Surveyors from the Maritime and Coastguard Agency will go aboard at 1pm to examine it, to see if there's any damage, and if it's safe to go to sea.
It will then go to Holyhead, where a dive survey will then inspect for any external damage.
Liverpool Coastguard says the ship carrying Airbus wings that was stranded on a sandbank off the North Wales coast has now been refloated, and taken back to the Port of Mostyn.
The Ciudad de Cadiz was grounded ten days ago.
Coastguards are planning to refloat a ship that is stranded on a sandbank just outside the Port of Mostyn.
The ship, The Ciudad de Cadiz, carries Airbus wings from North Wales to France.
Efforts to refloat the vessel had to be postponed due to lower than normal high tides.
Aircraft giant, Airbus, which employs over 6,000 people at its Broughton plant in Flintshire, has won an order for twenty-five A350 XWB aircraft from the Los Angeles-based Air Lease Corporation.
Turkish Airlines has also signed an order for two A330 aircraft. The wings will be made at Broughton.
Efforts to refloat a ship that carries Airbus wings from North Wales to France have been put back for another week.
The Ciudad de Cadiz became stranded on a sandbank on Wednesday, just outside the Port of Mostyn.
"Recent high tides have been lower than predicted so a decision has been taken to postpone refloating the vessel until next Saturday 9th February" said an Airbus spokesperson.
"The vessel remains in a secure and safe position on the sand bank and there is no marine pollution"
The Welsh Secretary, David Jones, was in North Wales today trying to highlighting the importance of the manufacturing sector to the Welsh economy.
It employs more than 152 thousand people here - that's over 10% of all Welsh jobs.
But with the UK Government's plans to hold a referendum on Europe, what do two of our biggest manufacturers think of the move?
The Welsh Secretary David Jones has been visiting factories in north Wales today.
Mr Jones toured the Airbus and JCB operations to highlight the importance of the manufacturing sector in Wales.
On his visit to Airbus in Broughton and JCB Transmissions in Wrexham, the Secretary of State for Wales will be emphasising the importance of manufacturing to the economy.
– David Jones, Secretary of State for WalesThe companies I am visiting today are centres of manufacturing excellence and are key employers in North Wales. Their successes reinforce how important it is to rebalance and rebuild manufacturing and engineering in Britain.
While Airbus and JCB are experiencing success at home and abroad, we are under no illusions about some of the challenges experience by other manufacturers in Wales.