Record sales after move to £4m factory

The relocation is already paying dividends for firm

- By OWEN HUGHES Business Correspondent

A FAST-GROWING North Wales engineering company is celebrating record sales after opening a new state-of-the-art factory.

Continental Diamond Tool (CDT) has officially unveiled its 30,000sq ft plant on the Tir Llwyd Industrial Estate in Kinmel Bay which is three times the size of its old site just half a mile away.

The move is part of a £4m expansion plan which will see a 100 per cent increase in production capacity and a doubling of the workforce to 80 staff over the next couple of years.

There have already been benefits for the local economy because most of the contractors used for the fit-out of the new factory are based on the same industrial estate.

Bosses say demand is booming for the ultra-precise industrial tooling they make for the aerospace, automotive and oil and gas sectors, including blue chip customers like Rolls Royce, General Electric and Tenneco.

Founded in 1984 as Consort Precision Diamond, the firm was turbocharged after being acquired by CDT in 2018.