Tata announces £800m Welsh Steel investment

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The Indian steel giant Tata is to spend £800 million at its Welsh plants over the next five years, it has been announced.

First Minister Carwyn Jones unveiled the scale of investment after meeting senior officials at the company during his visit to India last week.

Tata employs 7,500 people in Wales.

The company confirmed the investment was new money and was an "expression of intention and vision for Port Talbot and the steel industry in Wales".

Mr Jones met the vice chairman of Tata Steel B Muthuraman, in Mumbai, as part of the Welsh government's trade mission.

http://www.bbc.co.uk/news/uk-wales-17724818