£6 million Welsh Government investment in leading paper production firm in Maesteg

Wednesday February 24th, 2021

Welsh Government is providing £6 million to support WEPA UK’s expansion plans, which will see 54 new jobs created and hundreds protected at its site in Maesteg.

Economy Minister Ken Skates said the funding from Welsh Government’s Economy Futures Fund will be crucial in seeing the firm’s site developed into a fully integrated papermill, doubling production.

A new paper machine will enable the company, which is one of the leading suppliers of household paper in the UK, to produce an additional 65,000 tons a year of toilet paper and kitchen towels for the British market.

The announcement comes as Welsh Government this week launched its economic resilience and reconstruction mission which sets out how it will work to rebuild Wales’ post coronavirus (COVID-19) economy so that it values and prioritises wellbeing, drives prosperity, is environmentally sound, and helps every person in Wales to realise their potential.

Economy Minister Ken Skates said:

“WEPA is a vitally important employer in the region, and the £6 million Welsh Government is investing will be crucial in supporting the local economy at what continues to be an incredibly difficult time.

I am delighted that our investment will help the business create good-quality jobs as the volume and variety of products produced by the business increases.

This week, I launched our Economic Reconstruction and Resilience Mission which sets out how we will rebuild and reconstruct the Welsh economy post pandemic. We are clear that supporting businesses like WEPA to innovate and make maximum use of cutting edge technology will be key to Wales’ future economic success.

Today’s announcement further demonstrates our determination to pursue prosperity for all and help our firms to succeed and thrive.”

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