Tata The steel Giant Announces £800m Investment Into Its Welsh Plants

According to the BBC Tata the Indian Steel giant as announced its plans to spend £800 million at  its Welsh plant in the coming five years. However an initial investment £240m has already been put forth towards the Port Talbot steel works. This was announced by first minister Carwyn Jones after the meeting with leaders of the company on his last visit to India 7 days ago. The company who employs around seven thousand five hundred people in Wales.

With £185m being spent on rebuilding the number four blast furnace located at Port Talbot, in which the initial work is scheduled to start in June 2012.

This news summary was brought to you by steel beam London’s leading steel and RSJ beams stockholders.

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay
  • Add to favorites
  • blogmarks
  • email
  • LinkedIn
  • Live
  • Twitter

You must be logged in to post a comment.