Merthyr Tydfil cargo straps maker secures £210k grant
A firm that makes cargo straps for road haulage vehicles and the airline industry will expand with cash from the Welsh government.
Load-Lok Manufacturing, Merthyr Tydfil, said it expects to create and secure over 20 jobs with the £210,000 grant.
It is part of £624,000 investment which will also see it create a new product that is currently sourced from China.
The site is the company's main manufacturing base, employing 60 people.
Money from the Welsh government's Wales Economic Growth Fund is expected to help create 10 new jobs and safeguard a further 12 at the Merthyr facility.
Economy Minister Edwina Hart said: "The company's investment will support global sales and ensure the site remains competitive and efficient and able to meet the growing demand for its products."
Expanding the site will help the firm develop a product currently available from Chinese firms, it has said.
The company's finance director Julie Lewis said: "We pride ourselves on being a highly innovative company and delighted that a new product developed and designed in-house will now be produced here rather than out sourced from China."