Last week’s announcement that 540 well paid jobs were under threat at Zimmer Biomet in Bridgend is a body blow to the local economy, following on from the decision by Ford in 2020 to close its engine plant after forty years of production in the town.
If Wales is focusing on bringing in inward investing businesses, then Zimmer Biomet is exactly the type of business it needs to attract and retain. Operating in the medtech sector, its global team designs, manufactures and markets effective, innovative solutions that support orthopaedic surgeons and clinicians in restoring mobility, alleviating pain, and improving the quality of life for patients around the world.
What seems to be concerning is that reports suggest that the news came as a complete shock to local and Senedd politicians despite the business being a major employer in the local area.