A Powys-based manufacturer of the world’s only PVC-free speciality fly-fishing lines has received half a million pound from the Welsh Government securing 44 jobs and creating a further 21. Airflo Fishing Products has received a loan of £566,000 via the Economy Futures Fund which will help it grow and safeguard its factory on the Ffrwdgrech Industrial Estate in Brecon, as well as increase its level of exports.
The firm, which is owned by US firm Mayfly Group, is on track to quadruple its exports to North America and is looking to grow in new markets such as Japan, New Zealand and South Africa. Airflo also plans to introduce new products to market as a result of the funding.
The new products will replace ageing equipment and continue research and development at Brecon. It follows significant investment of nearly £2m by the business in its plant in Brecon since 2020. Most fly-fishing lines are made from PVC which break down immediately after manufacturing and are not easily recycled.
