A £5.6m grant from the Welsh assembly has persuaded General Domestic Appliance to invest £18.5m in new Hotpoint production facilities at its north Wales factory instead of shifting to Hungary.
The plant is at Kinmel Park, near Rhyl.
Financial Times 16/10/00 page 3
Company expects to wrap up process in the third quarter
Industry figures respond to “disintermediation” and brand recognition threats to broker model
EDITOR’S COMMENT Mark Preston has been carving a path for the group since the financial crisis
The firm will occupy the entire Kova KX development
