Invest North East England news
Legal & General Capital plans to support the £350 million Newcastle Science Central, one the biggest urban regeneration projects of its kind in the UK. The unique deal will see financial services giant Legal & General becoming a long term investment partner on Science Central alongside Newcastle City Council and Newcastle University. Legal & General […]
A £6.83m investment in one of the country’s most prestigious science parks could lead to 1,400 jobs being created. The North East Technology Park, (NETPark), in Sedgefield, County Durham, has received funding from the Local Growth Fund (LGF) for infrastructure works for the next phase of its ambitious plans to provide space for high-tech, fast […]
A fast-growing customer contact firm will create 1,200 jobs in one of County Durham’s largest ever inward investments. ResQ’s contact centre at Spectrum Business Park in Seaham will service new and existing customer growth, new business wins and jobs being reshored to the UK. The Hull-based firm scoured the North of England for a new […]
Nissan has switched on a new solar farm at its biggest manufacturing site in Europe, the latest landmark in the company’s journey towards Intelligent Mobility. Made of up 19,000 photo-voltaic panels, the new 4.75MW facility is now fully operational at Nissan Sunderland Plant, as Nissan strives towards its twin goals of zero emissions and zero […]
£3.2 million of investment secured to drive double digit growth for a third consecutive year at Sunderland’s Hyperdrive Innovation Ahead of launching two new innovative modular battery systems later this year, Hyperdrive Innovation has secured investment of a total of £3.2 million from venture capital firms Hamilton Capital Partners and Rivers Capital alongside R&D grant […]
NORTH East entrepreneurs are being urged to tap into the billion pound space sector and apply for a coveted spot with a programme designed to help them lift off. Business Durham, the economic development company for County Durham, received a grant from the UK Space Agency earlier this year to set up the North East […]
The North East Automotive Alliance (NEAA) is celebrating its first anniversary, in which it has become the UK’s largest automotive cluster group and one of the biggest in Europe. Such has been the response to the industry-led cluster group it now has more than 130 members ranging from industry giants including Nissan and Komatsu UK, to […]
Logistics centre allows the creation of 120 jobs and its first new building at Hillthorn Business Park low carbon EZ site Vantec Europe’s new warehouse in Sunderland, the company’s second major investment in the city since 2012, will be officially opened on Thursday 21 April. The £23 million, 436,000sq ft. warehouse is the first to […]