An Anglesey company that manufactures a unique cargo loading system used by airlines around the world is investing £1million in its facility that will increase capacity, create and safeguard jobs and secure its future.
The investment by Joloda International Hydraroll Division at its Gaerwen site has been supported by the Welsh Government with £326,850 business finance which helped secure the project for Anglesey.
Welsh Government support will safeguard 23 jobs and create ten new jobs, bringing the total employment on site to 53.
Announcing Welsh Government support, Economy Minister Edwina Hart said:” We are committed to supporting businesses and safeguarding and creating jobs and this is a prime example of how we are delivering.
“This investment is particularly important for Anglesey as it will safeguard and create high quality manufacturing jobs. Joloda Hydraroll works in one of our key economic sectors and is a major exporter of goods and I am delighted Welsh Government support helped secure this project.”
The company, part of Joloda International Limited, is acknowledged as the world leader in the manufacture of rollerbed systems used mainly by airlines to load and unload cargo from trailers onto aeroplanes, quickly and efficiently.
Chief Executive Officer Wojtek Kordel said :”Support from the Welsh Government was important to secure this investment at our Anglesey site which plays a valued and important role within the Group. We are delighted the investment in new equipment will increase capacity, productivity and efficiency while also enabling the facility to handle larger orders.”
Joloda Hydraroll systems are exported to Europe, the Middle East and the USA where FedEx is one of its main customers and it is also moving into the South American market.