Plastics packaging group brings good news for jobs in South Wales.
17 March 2008 - South Wales Gwalia Packaging Group has announced a 1.5m plan to expand and develop its manufacturing facility in Pontypridd.
The news follows on from Dragon Plastics purchase of Riverside Packaging from administration last year when the new combined company was renamed Gwalia.
Riverside a bottle blow moulder then relocated from its rented premises to the Dragon Plastics site and plans to create a new integrated plant at the site were mooted.
A spokesman for Gwalia confirmed that the investment is likely to create more jobs but wouldn t reveal how many.
However, he pointed out that these jobs would be in addition to the estimated 50 jobs already saved when Dragon a closure manufacturer - bought Riverside out of administration.
Managing director Rod Parker said: Now that we have fully assimilated Riverside Plastics, our acquisition of summer 2007, we are a family company and as such the only UK independent packaging manufacturer that is able to offer turnkey solutions of both closure and bottle.
The development programme that we have now embarked upon will keep us at the technological forefront in providing cost effective and environmentally aware packaging solutions for the food and drugs industry, the cosmetics and beauty business and automotive and house ware products.
The development will also involve the purchase of automation equipment, large capacity tooling and other facilities although no details on the make and types of equipment involved have been revealed.
The capital investment programme will be financed by a mix of the shareholder s own funds and grant funding - regional selective assistance - provided by the National Assembly for Wales.
Gwalia chairman Ian Parker said: "The grant funding has been negotiated by our company Dragon Plastics the closure manufacturing division of Gwalia. Dragon has a lengthy track record of successful operation in South Wales and this year celebrates its fortieth anniversary."
17 March 2008 - South Wales Gwalia Packaging Group has announced a 1.5m plan to expand and develop its manufacturing facility in Pontypridd.
The news follows on from Dragon Plastics purchase of Riverside Packaging from administration last year when the new combined company was renamed Gwalia.
Riverside a bottle blow moulder then relocated from its rented premises to the Dragon Plastics site and plans to create a new integrated plant at the site were mooted.
A spokesman for Gwalia confirmed that the investment is likely to create more jobs but wouldn t reveal how many.
However, he pointed out that these jobs would be in addition to the estimated 50 jobs already saved when Dragon a closure manufacturer - bought Riverside out of administration.
Managing director Rod Parker said: Now that we have fully assimilated Riverside Plastics, our acquisition of summer 2007, we are a family company and as such the only UK independent packaging manufacturer that is able to offer turnkey solutions of both closure and bottle.
The development programme that we have now embarked upon will keep us at the technological forefront in providing cost effective and environmentally aware packaging solutions for the food and drugs industry, the cosmetics and beauty business and automotive and house ware products.
The development will also involve the purchase of automation equipment, large capacity tooling and other facilities although no details on the make and types of equipment involved have been revealed.
The capital investment programme will be financed by a mix of the shareholder s own funds and grant funding - regional selective assistance - provided by the National Assembly for Wales.
Gwalia chairman Ian Parker said: "The grant funding has been negotiated by our company Dragon Plastics the closure manufacturing division of Gwalia. Dragon has a lengthy track record of successful operation in South Wales and this year celebrates its fortieth anniversary."
