Ebbw Vale – employment change an area affected by deindustrialisation Ask anyone in Wales what they know about Ebbw Vale and it's almost certain the answer will include the word "steel." Main Steelworks closed 1978 – 14000) workers when nationalised in 1967 The tinplate works closed 2002 800 jobs lost (Secondary Industry / male) Ebbw Vale – Festival Park Shopping 1990s The WDA (Welsh Development Agency), local authorities and the private sector spent £60million on converting the area from a wasteland of spoil heaps into the Ebbw Vale Garden Festival. Festival Park Factory Shopping Village is now located on this site. Even now, after a reshaping and shrinking of the industry, the Corus tinplate works looms large over the community and is estimated to be worth £30m to the local economy. Corus tinplate works closed 2002 A more depressing claim to fame is the town having the highest unemployment rate in Wales. Already 2,000 are looking for work and the problem is set to get worse at a stroke, with the closure of its steelworks. INWARD INVESTMENT BY TNCs with WDA support. 1980/90s 2005 - The town is already suffering from the downturn in manufacturing. A worryingly high number of local jobs - 40% depend on this sector twice the national average. Yuasa (Japan) 2003 – heavy duty batteries One of Blaenau Gwent's biggest employers has announced that it is shedding up to 350 jobs. Continental Teves which makes brake calipers for the motor The German-owned company said low-volume industry is switching production to Slovakia. production for manufacturers like Porsche and Aston Martin will remain in Ebbw Vale. This will mean a total of 120 jobs will remain in the area. 2006 Supermarkets Part-Time / flexi Open 24hours / 7days Fast food Home delivery More women in workforce Devolution – Welsh Assembly Government Ebbw Vale Enterprise Zone (one of 7) 2013 – area of Blaenau Gwent still needing high level of WAG support. As a Tier 1 area, companies in the Zone can benefit from the highest level of grant aid in the UK. PENN PHARMA – a quaternary company. 30 years have been spent at the heart of the South Wales Valleys where the enterprise continues to expand, as its 280 skilled staff serve the increasingly complex needs of the world’s leading drug companies. CONTINENTAL TEVES – a German TNC – making brake callipers – high quality ‘lean’ business still survives in EV – serving luxury car brands – Bentley, Jaguar, Land Rover Continental Teves benefited from working relationship with local universities. For example, a project team from the firm worked together with MBA students from the University of South Wales at Newport to source a supplier for a new process to apply coating to brake callipers. This ultimately led to a cost saving of £100,000. Having set up in Wales in 1974 restructuring the business in 2009 to focus on niche and high performance products, turnover has doubled to £42m. As part of this strategy, staff numbers have increased from approximately 100 in the downturn to 165, and are set to rise higher. There are also plans to create an international motor bike racing circuit hosting MotoGP by 2015. This would provide a major spur to the Enterprise Zone project by creating a motorsport centre of excellence CIRCUIT OF WALES - £280 million THE WORKS The Vision: Out of the demolition and reclamation of the iconic old steelworks, Blaenau Gwent County Borough Council and the Welsh Government are working together to create a new vision for Ebbw Vale and Blaenau Gwent. The Masterplan proposes a mix of uses including the Learning Campus, Local General Hospital, Leisure Centre and Sports Pitches, a Theatre, high quality offices and around 500 homes. Environmental improvements Infrastructure improvements – dualling of Heads of the Valley Road (A465T)from Swansea to Abergavenny. REINTRODUCED PASSENGER SERVICE LINKING EV TO NEWPORT and CARDIFF 2012 - PLANS to bring the Ebbw Valley line to Newport would still need more funding despite an announcement that it will be electrified. This week Justine Greening, transport secretary of state, announced that work to electrify the Ebbw Valley line is to be part of a £4.2 billion scheme of railway investments.