WIREDGOV

AIC Steel Group is a leading designer, fabricator and erector of structural steel and towers, delivering world-class structural steelwork solutions to the construction industry over a wide range of market sectors. The firm has been involved in some of the most iconic signature buildings around the world including the Kingdom Tower and Al Faisaliah Tower in Riyadh and Medina Airport in Saudi Arabia.

As part of its ambitious expansion plans, the firm will use the 35,000 sq. metre Usk Way plant, formerly home to Rowecord, as its UK manufacturing hub and will open a sales office in London to target major projects.

Economy Minister Edwina Hart said:

“I am delighted to welcome a company with such an international calibre as AIC Steel to Wales. Advanced manufacturing and materials is a priority sector of the Welsh economy and overseas investment into Wales has increased by almost 200%.

“This is great news for Newport and a vote of confidence for the Welsh steel industry.  It is particularly pleasing to hear the company has already recruited former Rowecord workers for some of the 120 new jobs to be created at the plant.”

Commenting on its move into the UK market, CEO of AIC Steel UK Michael Treacy said:

“We are delighted to be able to announce this investment and a long-term commitment to Newport, which is helped by the fact that we aren’t answerable to shareholders and are backed by a major global parent company. We have a clear strategy for building a thriving business here in the UK.

“We chose Newport as our manufacturing hub as it has a culture that supports heavy industry and a skilled local workforce.”