Speaking at Keltek's premises in Kelso, Lord Macdonald said: 'This is excellent news for both Kelso and for the borders. I am delighted
that Keltek's expansion will not only safeguard 235 existing jobs but will also create up to 200 more skilled jobs.
'The announcement is early evidence of the efforts of all of those involved with the Borders working party to bring additional investment to the region.
'This investment is going ahead with over£2m of support from Scottish Borders Council and The Scottish Office both of whom are committed
to doing everything they can to regenerate and diversify the Borders economy.
'Keltek's expansion is proof of its justifiable confidence in the skills and expertise of the local workforce. I very much welcome this and hope to see more firms sharing that confidence and investing in the Borders and its people.'
1. The Borders working party was established by Lord Macdonald on August 31, 1998 to:
secure the best available outcome from the run-down of jobs at Viasystems;
identify feasible early action to create new jobs in the area; and
establish a vision for the longer-term economic development of the area.
2. The working party is chaired by Godfrey Robson, head of economic and industrial affairs group at The Scottish Office and membership is drawn from Scottish Borders Council and Scottish Borders Enterprise. The chief executive of Scottish Borders Tourist Board also attends meetings. Other interested parties are drawn in as necessary.
3. The working party has met five times, most recently on January 22, and produced an interim report on December 10. The interim report covered progress to date and identified a number of opportunities for early action, including plans for call centre development, plans to speed up existing business growth and a feasibility study into the reopening of the Waverley Rail Link to the Central Borders.
4. The Borders working party aims to publish its final report in March.