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Welsh Government investing £2.5m to build new facility for Qioptiq in support of its new £82m contract

Welsh Government will continue to play a pivotal role in supporting the growth and expansion of St Asaph-based Qioptiq by investing £2.5m in a new purpose designed facility for the company, Economy Secretary Ken Skates announced today following news that the firm has won a new £82m contract with the Ministry of Defence.
Monday 20 February 2017
Work will now commence immediately on the new 24,900 sq. ft. facility that the Welsh Government will construct on land it owns adjacent to Qioptiq’s premises on St Asaph Business Park. It will provide secure warehousing and manufacturing space to enable Qioptiq to achieve full operating capacity to deliver the MoD contract within the required timescale. Qioptiq will be investing c£2m in fit out and IT systems.

Ken Skates said: 

“Winning this major contract is hugely significant for Qioptiq and for North Wales. Qioptiq is one of our key Anchor companies working in a priority sector and is one of the most dynamic and innovative companies in Wales.

 “I am delighted the Welsh Government was able to support the company’s successful bid from the early pre qualification stage through to the development of a purpose designed facility that is vital to deliver the contract.

"This new contract secures the long term future of the company in St Asaph where it has a significant economic impact on the local economy through expenditure by employees and through local supply chains. It is another high value manufacturing company whose future has been secured by the work of Welsh Government.”

Peter White, Managing Director at Qioptiq said 

"We are delighted to have received this major contract from UK MOD to support equipment vital to the safety of our soldiers in front line operations. The support from Welsh Government and the hard work, capability and commitment of our employees were the key factors in our success. We look forward to continuing the successful relationship we have with UK MoD and supporting our troops with this important contract."

Under the new six year contract Qioptiq will supply and maintain a large range of Surveillance and Target Acquisition   equipment for the MoD. The company specialises in the design and manufacture of optical and photonic products and solutions that serve a wide range of markets and applications in areas of defence, aerospace, medial and life sciences and industrial manufacturing.

It is a recognised, first-tier supplier to many of the defence and aerospace sector’s leading companies with a product range that includes some of the most sophisticated advanced optical technologies ranging from Night Vision Sights, to Head Up Display Optical modules, through to Space Components

Qioptiq is part of the US owned Excelitas Group which has a worldwide presence with locations throughout Europe, Asia and the USA employing more than 5000 people. It employs over 500 people in North Wales on two sites at St Asaph and Bodelwyddan.

 

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Business and economy 20 February 2017 North Wales
 
 

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