Today's announcement by Ford that it will build a new engine at it's Bridgend plant in 2014 is being supported by the Welsh Government which is contributing £12m in funding.
The Welsh Government has worked closely with Ford to secure this investment and is delighted to confirm a support package of £12 million towards this exciting programme.
This will help safeguard and create high quality production and engineering jobs in Wales.
More top news
Pet owners are being advised about the dangers of chocolate this Easter as vets warn it is poisonous to dogs.
A scheme which encourages tourists to book directly with businesses in order to avoid commission charges aims to boost tourism in Wales
John Atkinson has resigned - but insists that his decision is about workload and nothing to do with recent problems within the Welsh party.