Tata invests £53m in steam scheme for Port Talbot

Tata Steel is to invest £53m to cut external power needs at its Port Talbot works by 15 per cent. The steel giant will create a cooling system in its Basic Oxygen Steelmaking (BOS) plant that produces steam, allowing electricity to be generated.

Traffic drop contributes to £7.3m Severn Bridge loss

Severn River Crossing has reported a pre-tax loss of £7.3m for the year to 31 December 2010 caused by a drop in traffic using the facility.

Jones Bros wins £1.9m wind contract

Ruthin civil engineering business Jones Bros has won a £1.9m contract to build the infrastructure for a wind farm in Scotland. The family-owned company is carrying out access, electrical and cabling work at Millour Hill Community Wind Farm in North Ayrshire.

Rink deal will help growth, says Fusion's Ward

Events and fundraising consultancy Fusion will benefit from economies of scale after its merger with serial entrepreneur Paul Ragan’s Rink Corp – owner of the Cardiff Devils and Sheffield Steelers ice hockey clubs. That’s according to managing director Victoria Ward who told Insider the added financial backing will allow her to extend Fusion events like this summer’s Polo in the Castle.

Fifth Wheel eyes growth with investment

Caravan manufacturer Fifth Wheel Company, based in Rhuallt in Denbighshire, has invested £280,000 in a 10,800 sq ft office and service centre.

Increase in Welsh exports

Welsh exports have increased in value by seven per cent, according to an analysis of HM Revenues and Customs data by NatWest and RBS.

Bank holidays fuel late payment risk

The current run of bank holidays could lead to surge in late payments, according to Lloyds TSB Commercial Finance.

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Trio in at Llanelli Gate

Three tenants have taken space at Llanelli Gate in deals negotiated by commercial property consultancy Lambert Smith Hampton.

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Ask the Expert: Brands and your office

In the latest of his Ask the Expert features, Chris Carpenter, managing director of Stills, examines the complex and potentially vital link between your office environment and brand.

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