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23/04/2014

Genpower to create 35 new jobs in Haven Waterway Enterprise Zone with Welsh Government support

Genpower is expanding operations, it has moved into the former Cambrian Windows site and is set to create up to 35 new  jobs in the Haven Waterway Enterprise Zone with financial support from the Welsh Government.

The property investment by Genpower, backed by a repayable business finance loan from the Welsh Government, enabled the company to move to the former Cambrian Windows site in London Road, Pembroke Dock, which closed last year.

The company currently employs 22 people and the expansion will safeguard eight jobs while the new jobs will be created over the next two years. Genpower has also previously been supported by funding from Finance Wales

Their new 110,000 sq ft facility means Genpower can consolidate all its operations on one site, increasing its warehousing, workshop and assembly capacity and open a new training facility and showroom.

Genpower has the sole UK and Ireland distribution rights to sell Hyundai power products such as energy efficient portable generators, water pumps and air compressors to its growing dealer network. The need to move to larger premises was essential when Genpower was also awarded a similar exclusive agreement to sell Hyundai garden products and Power tools.

The company also plans to expand the manufacture and assembly of its own range of innovative products. These include silent LPG motor home generators and silent diesel welfare generators, which will be sold through Hyundai’s distributor network.

Economy Minister Edwina Hart said; “I am pleased the Welsh Government is able to support Genpower’s expansion and create a range of new jobs in the Enterprise  Zone.

“It’s always good news to hear of local companies expanding, and that Welsh Government support has enabled the business to remain and grow in Pembrokeshire, bringing direct and indirect benefits to the local economy through supply chain activity.”

Managing Director Roland Llewellin said: “Our new premises are already making a huge difference and we are delighted with the site. It will allow us to increase capacity and provide the room we need to stock the new range of Hyundai garden machinery products and expand our assembly and manufacturing business.

“Financial support from the Welsh Government was vital to make this happen and I am confident our new premises will provide space for future growth as the business expands.”