- 2 updates
Aerospace company Airbus has announced investment of £100m as part of a deal with the UK and Welsh Governments.
The deal will see £48m invested at the Broughton plant in Flintshire, which will develop "new systems and technologies" for building aircraft wings.
Announcing the funding at the Trade and Investment Summit in Newport, Prime Minister David Cameron said: “Aerospace is a real cornerstone of British business, supporting over 100,000 jobs across the UK and is worth over £27bn to our economy every year."
First Minister Carwyn Jones has also announced an £8.1 million funding package for training at Airbus at Broughton.
The site employs 6,000 people.
First Minister Carwyn Jones will today announce an £8.1 million funding package for training at Airbus at Broughton, in Flintshire, which employs 6,000 people.
It will enable the workforce to exploit new technology at the site.
The announcement will be made at Wales' UK Investment Summit at the Celtic Manor Resort near Newport.