Market Leads & Opportunities
Green light for tech firms expansion
A proposal by SPTS Technologies to expand on a new site in Newport has been given the green light by the council’s planning committee.SPTS Technologies, a KLA Company, is currently based at its Welsh headquarters, just off Ringland Way, but plans to move to a new location on the other side of Newport in Imperial Park.Planning permission was granted, subject to the signing of a 106 agreement and conditions, for new headquarters which would include facilities for manufacturing, research and development as well as offices.The company, which manufactures and sells next-generation technology for the semi-conductor and microelectronics industry, has been based in Newport for more than 40 years.The global increase in demand for semiconductor devices has seen the business grow significantly over recent years. When completed, the company’s new-state-of-the-art facility will almost double its footprint in Newport, bringing additional high technology, high value jobs to the region.
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