Growth in the Welsh advanced manufacturing sector is significantly outpacing the rest of the UK, with 11% average annual growth in total turnover for companies based in Wales over the past three years compared to a 0.4% decrease for all such UK companies, according to Hugh James, a Top-100 law firm.
Image courtesy of Timitrius / Flickr. Hugh James noted that total turnover for advanced manufacturing companies based in Wales grew 36% in the past three years to £1.6bn in 2015 from £1.2bn in 2012. Advanced manufacturing includes such sectors as aerospace; biotech; nanotechnology; pharmaceutical, and semiconductors. According to the law firm,…
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