# Continental Diamond Tool to invest £4M, create 40 jobs in Kinmel Bay

Continental Diamond Tool (CDT) in Kinmel Bay, North Wales, is investing £250,000 in new equipment and planning a move to a 30,000 sq ft factory next year. Its US owners are investing £4 million overall to triple production capacity and create 40 new jobs.

- Type: Expansion
- Announced: 2024-11-27
- Where: Kinmel Bay, North Wales, United Kingdom
- Value: $5.04M (4.00M GBP)
- Jobs: 40
- Starts operating: 2025
- Status: announced
- Capacity: 30,000 sq ft (new factory)
- 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

- [herald.wales](https://herald.wales/north-wales/conwy/global-growth-will-take-off-with-cutting-edge-kit-helping-to-create-new-40-jobs/), 2024-11-27: "Recruitment is also underway at Continental Diamond Tool (CDT) in Kinmel Bay as part of an ambitious expansion plan that will create 40 new jobs."
- [rhyljournal.co.uk](https://www.rhyljournal.co.uk/news/24752773.north-wales-firm-create-40-jobs-part-expansion/), 2024-11-27: "A precision engineering company is prepared to create 40 new jobs in North Wales."
- [businessnewswales.com](https://businessnewswales.com/engineering-firm-invests-in-expansion-plan-and-creates-new-40-jobs/), 2024-12-02: "It's fantastic that they're selling their world-leading products to an international market and they have a raft of blue chip customers like Rolls Royce."

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