Massilly UK to quadruple production with £1.5m investment
SWANSEA-BASED tinplate aerosol can manufacture, Massilly UK, has revealed investment plans to quadruple production in a £1.5m investment creating and safeguarding more than 40 jobs
Supported with £200,000 from the Welsh Government it is upgrading its existing production line and introducing an additional one to move from 10 million cans a year to 40 million cans a year by 2018. The investment will secure the sustainable future of the site, create 16 new jobs and safeguard the existing 25 jobs
Chief executive of Massilly Group, Thomas Bindschedler said: “We believe that giving a local solution to our customers is the most efficient way to fulfil their expectations. We have developed the same model in Spain for the south of Europe and also in Germany and Russia. Our European network, associated with our local structures, help us to deliver specialist expertise, as well as flexibility.”
The company was supported in its application to the Welsh Government for this discretionary grant by advisory firm Broomfield & Alexander.
Its director of grants, Mike Fenwick, said: “We were delighted to support Massilly UK with the application process, which involved agreeing key terms and conditions, and preparing the supporting business plans and financial forecasts to ensure that the application met with the Welsh Government’s own criteria, as well as complying with European State Aid rules. The investment is great news for Wales and the local economy and we wish Massilly every success with its new investment.”