TVR to create 150 sports car jobs in Ebbw Vale

Sports car company TVR is to base its new factory in Wales, First Minister Carwyn Jones has announced.

The plant will create 150 jobs on the Ebbw Vale enterprise zone, which is still hoping to be home to the £325m Circuit of Wales.

New owners, who bought the British brand three years ago, will start production next year.

The company has a 10-year plan, including four new models, and will begin making a few hundred cars a year.

TVR had been looking at three sites around the UK.

http://www.bbc.co.uk/news/uk-wales-35775158

Sounds good but is it corporate welfare? If the Welsh government has provided some kind of support presumably that needs to be publicised?

Countries all over the world offer companies incentives.

Shame it's not in the Vale but still chalk up another win for the Cardiff City Region