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Thursday, September 10, 2009

BBC article on economic recovery in Penyffordd

In contrast, the most blunt message came from the Castle Cement works near Penyffordd. The manager there can even remember the date when the order book fell off a cliff: 15 March, 2008.

Mark Cox says at first they thought it was a blip but it quickly became apparent something more serious was happening with the downturn in construction. He's predicting another full year of recession.

Penyffordd is fortunate. It's in an area of north east Wales which, together with the M4 corridor, is the country's economic powerhouse. The proximity to the Airbus and Toyota plants and others has provided plenty of opportunities in the past and no doubt will continue to do so in the future.

Link BBC


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