NEWPORT-based Island Steel is extending its stay in the city, signing a new agreement to remain at the Port of Newport for another 10 years.
And, as part of this arrangement with port owners Associated British Ports (ABP), the steel service centre is set to be expanded.
Since moving in to the port in 1994, Island Steel has occupied a purpose-built 100,000sq ft facility.
The site, which is entirely powered by on-site produced solar energy, is set to grow by 1.2 acres.
According to ABP, this expansion will allow Island Steel “to further develop its relationship with the port and the wider steel industry, whilst maintaining its stellar health and safety record”.