Testia: Aerospace experts to train in Newport
3 September 2013 Last updated at 16:30 BST
The next generation of expert aerospace engineers are to be trained in south Wales after a global company launched a new UK business.
EADS, which owns Airbus in Flintshire, hopes to recruit school leavers to join Testia, which will be based in Newport.
The company has already invested £1.4m in the new venture and says it hopes to be training 1,400 students a year within six years.
It plans to meet the training needs of the aerospace industry worldwide.
Testia said it chose Newport because of its good road and rail links and because there were so many aerospace companies in and around Wales.
BBC Wales economics correspondent Sarah Dickins reports.