# Continental Diamond Tool to invest £4M in new Kinmel Bay factory, creating 40 jobs

Continental Diamond Tool (CDT) announced a £4 million expansion plan to move to a 30,000 sq ft factory in Kinmel Bay, Wales, tripling production capacity and creating 40 new jobs. The new facility is expected to be operational soon, with a swift ramp-up.

- Type: Expansion
- Announced: 2024-09-24
- Where: Kinmel Bay, Wales, United Kingdom
- Value: $5.30M (4.00M GBP)
- Jobs: 40
- Status: announced
- Capacity: triple production capacity
- Products: diamond-encrusted rotary dressers, grinding wheels
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Continental Diamond Tool Corp.](https://endata.com/companies/14961.md)

## Sources

- [business-live.co.uk](https://www.business-live.co.uk/manufacturing/advanced-manufacturer-continental-diamond-tool-29995218), 2024-09-24: "We expect to be three times the size we are in a few years’ time because there is a very big market for the products we are going to bring over here."
- [wales247.co.uk](https://www.wales247.co.uk/fast-growing-engineering-firm-unveils-4m-expansion-creating-40-new-jobs), 2024-10-01: "We expect to be three times the size we are in a few years’ time because there is a very big market for the products we are going to bring over here."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.