13/06/11
Valleys economy-boosting firm commended by First Minister
Axiom Manufacturing Services designs and makes complex components and sub-assemblies for equipment manufacturers in the medical, industrial, defence and aerospace sectors.
The company currently employs 170 highly-skilled workers at its home in Newbridge, Caerphilly. It is engaging with the local community, investing in links with schools in the area and other educational projects. Axiom has also made a commitment to sourcing materials and products locally, where possible.
The First Minister, Carwyn Jones said:
“This company is proof that manufacturing in Wales alive and kicking. Firms across the country are making world class products wanted across the globe. Axiom is a significant employer in the area and has strong links with the local community. Its success has come from its ability to adapt to changing circumstances, develop innovative products and break into new markets.
"However, no one can ignore the fact that we face tough global competition and this government is committed to making sure advanced manufacturing in Wales continues to play a major role in our economy. We want to see this sector grow by helping develop the skills of our workforce and contribute to our economic recovery."
Managing director of Axiom Manufacturing Services, David Davies, said:
“I believe the outlook for UK manufacturing is positive, despite it being a tough market. These days customers don’t just look at the unit production cost when selecting contractors as partners, they have to consider the overall total acquisition cost. That includes quality, innovation, service, security of supply, transport costs and many other factors on which Welsh and UK-based companies like Axiom can deliver more value than overseas competitors. We’re very pleased at the interest being taken by the First Minister because it’s important the Welsh Government continues to support home-based manufacturers, who contribute to a healthy and sustainable economy.”
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