Renishaw in Miskin looks to 'high-tech, high value' work

Wales is once again at the bottom of a UK table measuring the strength of the economy.

The Office for National Statistics (ONS) has published gross value added (GVA) figures for 2014, external.

They measure how much money is generated through goods produced and services delivered.

Hi-tech company Renishaw moved into the former Bosch car components plant in Miskin, Rhondda Cynon Taff, four years ago and has invested £40m.

The skills of its 280 workers range from the development of new products, designing new precision engineering and work in scientific and medical technology.

Chris Pockett from the company explains how it needs to invest in people and that is reflected in the salaries.

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