Royal Mint to expand production facilities
18 Feb 2010
Commercial Arm Boosts British Manufacturing Industry
The Royal Mint today announces its most significant investment in over 40 years with a major new development at its site in Llantrisant, Wales. The £16.5m project will see the construction of two new nickel plating production facilities and an effluent plant and will double the organisation’s nickel plating production capacity.
With the first phase of the new development to be complete by September 2010, the facility represents one of the largest undertakings in the Royal Mint’s history. The bold new project marks an acceleration in the Royal Mint’s five-year growth plan – a decision it has made to capitalise on significant opportunities in the nickel plated coin marketplace both at home and abroad.
Andrew Stafford, Chief Executive and Deputy Master of the Royal Mint said, "The fact that we’re able to take advantage of these investment opportunities is testament to the excellent work of the team at the Royal Mint. It highlights how we are continuing to build for the future, compete internationally as a UK manufacturer and bring our vision of "Making Money for Everyone" to life."
For media enquiries, please contact the Royal Mint Press Office on 020 7853 2390.
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