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Japanese invest £3.2 million in parts plant

A Japanese automotive component manufacturer is investing £3.2 million to establish a new operation in Wales which will create 100 new jobs.

Takao Europe Manufacturing Ltd (TEM) has bought the former Yajima factory on Rassau Industrial Estate in Ebbw Vale and has already started recruiting.

The company, which has a base in Gloucester, produce vehicle chassis parts for Honda and Toyota.

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