Quinn Group move provides 465 new jobs for Newport
The Quinn Group has announced its decision to locate its European base in Newport, providing the area with 465 new jobs.
The Irish firm’s new premises, the former LG Site, will become one of the world’s largest radiator manufacturers and provide 465 new jobs in manufacturing and research and development. In addition, the move to Newport will secure the firm’s plans for business growth.
The decision to locate to Newport is seen as excellent news for the City. Councillor Erryl Heath, Newport City Council’s Cabinet Member for Economic Development and Employment, said;
“Newport has developed into a fast moving, enterprising city with an excellent record in attracting jobs in the financial and business sectors; however, it is equally important that it also maintains a strong manufacturing base”
This announcement comes after year long negotiations between the firm and the Welsh Development Agency (WDA) about the purchase of the site as part of the £133m investment.