A worker at TES Photo: Martin Ellard/Welsh government
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TES Aviation Group investment by Japanese firms

Two Japanese firms have invested tens of millions of pounds in a Bridgend-based aviation company which is predicting an extra 70 jobs by 2015.

Mitsubishi Corporation has taken a 35% share of TES Holdings, the parent group of TES Aviation Group, which is based on Waterton Industrial Estate.

Another 25% has been bought by the Development Bank of Japan.

BBC Wales business correspondent Nick Servini reports.

  • 22 Jun 2012