Category: Automotive and Advanced Manufacturing
With heightened uncertainty, new work-from-home guidelines for thousands of employees and restrictions temporarily halting work on construction sites nationwide, new commercial developments like Newcastle’s AirView Park could not have predicted the months (and year) ahead back at the start of 2020. Like other companies, Tynexe Commercial Ltd, the developers behind the 175,000 sq ft scheme […]
An award-winning electric vehicle (EV) charging company, Elmtronics is set to step up the roll-out of charging points across the country after securing a £1.5m investment. Elmtronics, which is based in Consett and is the UK’s leading independent provider of charging points, has raised the funding from the North East Venture Fund (NEVF), which is supported by […]
International trade experts believe the North East is set for a major economic boost from onshoring trends. Companies within the chemical and pharmaceutical sectors are reportedly seeking to bring supply chains and production back to the UK as a result of increased levels of uncertainty in international trade. According to OCO Global and Invest North […]
By Guy Currey, Director, Invest North East England I am thrilled with this week’s announcement that the North East has been successful in its bid to the Department for International Trade (DIT) to deliver three High Potential Opportunities (HPO) documents which will support inward investment opportunities in to our region. 19 new HPOs have been […]
Port of Sunderland is ensuring it is well positioned to attract future investment, after work on a multi-million-pound expansion programme was completed this week. The Port of Sunderland – which was bolstered by an £8.2millon investment after areas of its estate were granted Enterprise Zone (EZ) status in 2017 – has undergone a major improvement-programme to its East Shore […]
A transformational masterplan that will reinvent the heart of Sunderland has been released today. The Riverside Sunderland Masterplan, which sets out a detailed blueprint for the regeneration of a key city centre quarter with sweeping views across the river, has been unveiled by Sunderland City Council. Describing Riverside Sunderland as ‘the most exciting regeneration site […]
Funding has been secured to create a Manufacturing Zone within Jarrow Business Centre in South Tyneside, to support high growth businesses in the advanced manufacturing and offshore energy supply chain. South Tyneside Council has been awarded almost £500,000 from the Government’s Local Growth Fund through the North East Local Enterprise Partnership (LEP), to develop the […]
Deal agreed for £60m Sunderland regeneration scheme to redevelop the 61.8-acre Hillthorn Park site in Washington into a manufacturing hub, that could support the creation of 1,600 jobs. Legal & General, on behalf of its Industrial Property Investment Fund, has agreed a deal with Sunderland City Council to invest £60m in a regeneration scheme that […]