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600 jobs hope with car parts firm at Swansea

A Japanese car parts firm is putting together a deal which could bring up to 600 jobs to Wales, it is understood.

Toyoda Gosei, a resin and rubber parts maker in the Toyota group of companies, is expected to invest in the former Valeo plant in Gorseinon, Swansea.

It is understood talks have been under way for about 18 months, although details have been leaked prematurely.

It comes a week after it was announced that 900 jobs are to go at the Bosch car parts plant, Vale of Glamorgan.

The French-owned Valeo plant in Gorseinon made car parts and closed in 2001 with the loss of 330 jobs.

It made air conditioning units for the automotive industry.
The property was occupied by Amazon in 2007/08 for a year while they built the distribution centre at Fabian Way.

'Grants culture'

Agents King Sturge have confirmed the site has been sold.

Chris Sutton, a partner at the Cardiff offices of the property agents, said: "It's no comment on the specific of Toyoda Gosei, but I'm happy to confirm that King Sturge were retained to market the property and the property has recently been sold."

The Welsh Assembly Government refused to comment about Toyoda Gosei.

The company has a plant at Rotherham, Yorkshire.

Deputy First Minister Ieuan Wyn Jones said on Monday the assembly government did everything it could to save the Bosch factory in Miskin.

He told AMs in Cardiff Bay it was difficult for Wales to compete with the low costs available in Eastern Europe, India and China.

The Plaid Cymru leader, who led a trade mission to Japan in 2008, has called for an end to a "grants culture" of using big one-off handouts to attract foreign investors.