Welsh Government funding has helped secure state-of-the-art automated machinery for Bridgend-based TBD Ltd
The move has secured 20 jobs, improved efficiency and provided new opportunities for growth, Economy Minister Vaughan Gething said.
TBD (Owen Holland) Ltd is a Welsh company founded in 2003 and based in Bridgend. It has become one of the UK’s leading suppliers of ground support equipment (GSE) and specialist access solutions, including specialist airside vehicles, passenger and crew boarding steps, a wide variety of maintenance access steps for all types of aircraft.
Welsh Government funding of £183,267 will safeguard 20 jobs and lead to the creation of 10 highly skilled jobs in manufacturing and engineering departments.
The company has a top-notch global customer base, with customers among major international airlines and courier companies around the world.
Economy Minister Vaughan Gething said:
The Welsh Government is committed to helping create quality jobs across Wales. I am delighted that we have been able to make this investment in TBD (Owen Holland) Ltd which will help secure 20 jobs and create 10 highly skilled jobs in Bridgend.
“Automation, artificial intelligence and other forms of digitalization are already transforming industries and individual businesses, breaking down traditional boundaries between different sectors of the economy.
“In the fourth industrial age, work processes are changing faster than they ever have before. More and more businesses and public bodies in Wales are delivering services and using new digital technologies in ways that are having a huge impact on traditional industry divisions.
“The Welsh Government will continue to do everything in its power to ensure that Welsh businesses are able to keep pace with these technologies, create more high-skilled jobs and, above all, keep these jobs in the future. Wales.”
Steve Meredith, CEO of TBD, said:
“Thanks to this valuable support from the Welsh Government, TBD’s management is delighted to now be able to move forward with the modernization and automation of its manufacturing processes. The investment will support the company’s continued core strategy of manufacturing all of its products in South Wales, many of which are for export around the world.