Live updates

Manufacturing 'key' to Welsh economy

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?

Advertisement

We must 'rebuild manufacturing'

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.

The 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.

– David Jones, Secretary of State for Wales

High profile visit to highlight importance of manufacturing to Wales

Airbus in Broughton employs over 6,000 workers Credit: PA Wire

The Secretary of State for Wales, David Jones, will tour the wing assembly plant at Airbus and meet the graduates and employees taking part in one of the UK's largest apprenticeship programmes.

He'll go on to visit JCB Transmissions in Wrexham where the focus will be on the contribution the site makes to the research, development and manufacturing of JCB products worldwide.

Factory boost in Wrexham

Workers at the JCB factory in Wrexham have secured a deal to build parts for a major order of vehicles for a British retail firm.

It's part of a 16 million pound deal that includes more than five hundred machines, with options to order more in the future. More than 450 people work at two sites in the town.

Advertisement

'Record' turnover for JCB

JCB's first Wrexham plant opened in 1978 Credit: JCB/ITV News Wales

The construction equipment manufacturer JCB says its financial results for 2011 were its best ever.

The company recorded £2.75 billion in turnover, with pre-tax earnings at £355 million.

JCB employs around 450 people at its plant in Wrexham, making gearboxes and axles for vehicles.