MORE jobs could be created at a Chepstow wind turbine plant after its parent company announced expansion plans.

Mabey, the parent company of Mabey Bridge, has announced a series of initiatives that will increase its worldwide presence.

The international expansion follows a £38 million investment last year to create a wind turbine tower manufacturing base at Newhouse Industrial Estate.

As part of the plans various arms of the company will be brought more directly under the Mabey brand.

Mabey Bridge will continue to trade under its existing name while Beachley Properties, the group's UK commercial property investment and development company, will become Mabey Property.

Peter Lloyd, the chief executive of Mabey Holdings, said: "We are now actively looking for export opportunities for all of our UK businesses, having created a team to focus solely on international business.

"I look forward to a year of continued diversification and expansion.

"This has been a great performance in what has been a very challenging year for the construction market.

"The Mabey family of companies has grown both through acquisition and organically.

"Bringing all our businesses under one simplified Mabey umbrella will provide existing and future clients with greater clarity of the services we offer."

"The Mabey name is extremely well known throughout the construction industry and the rebrand will reinforce the breadth of the group and the links between our family of companies."