Economy Secretary Ken Skates has confirmed today that the Welsh Government will invest £4.4m into international automotive giants Calsonic Kansei, enabling them to develop and produce cutting edge Electric Vehicle technology at their Llanelli plant.
The investment is expected to create a further 85 jobs, in addition to the plant’s 300 strong workforce. The company manufacture cooling systems and air conditioning components for many of the major automotive companies worldwide.
Economy Secretary Ken Skates said:
“First and foremost, this is a real vote of confidence in the workforce at the company’s Llanelli plant. To have a company of such international standing commit to securing their current workforce alongside creating a further 85 jobs during such uncertain times is excellent news.
“For our part, our £4.4m investment has not only helped secure these jobs over a period of at least the next 5 years, but also ensures that Calsonic Kansei, and Wales have the necessary capacity and expertise to be a global leader in emerging Electric Vehicle technologies, particularly battery cooling developments.
“This move to a more sustainable model aligns directly with our Economic Action Plan and sees the company commit to growth, fair work, reducing their carbon footprint and promoting health, up-skilling and learning in the work place.
“It’s an opportune moment to for us to ensure this important regional employer plays a continued role in our growing economy and builds on our commitment to make sure our businesses are ready and equipped to make the most of the opportunities presented by the technologies of tomorrow.”
Keiichiro Miyanaga, CEO of Calsonic Kansei in Europe greatly welcomed this award, adding:
“This support will help us secure the necessary skills, products and investment in our Llanelli site to meet the rapidly evolving requirements from electrification within the Automotive Industry. Through investment in product development and manufacturing capacity within the site, we can ensure we have the required capability to meet the future product needs of our key customers.”