Crosslink

I visited the Crosslink factory in Maerdy today. Only last autumn we were worried about the company, then known as United Polymers, and whether it would collapse. I recorded how in January it had been bought out from the administrators. While jobs have been reduced to 136, the new management is making a number of improvements to the factory, rebuilding relationships with customers, and putting the business on what we all hope will be a sound financial footing for the future. The company has enjoyed financial support from the National Assembly's Regional Selective Aid scheme, and loan finance from Finance Wales. It's an important business in one of the poorest wards in the country.