Claim: Varteg owes its origin to the fact that the land lease for the Blaenavon Ironworks was too big and was taken over by Kenrick and Company.
Evidence: Varteg owes its origin to the fact that the land lease for the Blaenavon Ironworks was too big, and portions were sublet to the Nantyglo Company and part taken up by a partnership called Knight and Company which opened an iron furnace in 1802. By 1825 the Varteg works was taken over by Kenrick and Company which had three blast furnaces, by 1839 there were five furnaces in operation.