Tag: Investment
A new decommissioning hub at Port of Sunderland is set to play a key role in helping the North East capitalise on a growing industry worth £2.5 billion per year to the UK. Northern Metal Recycling has entered into a strategic partnership with the port to establish a base for offshore recycling at the North […]
A firm with a reputation for delivery in some of the most pressured environments on the planet, is expanding in South Tyneside. DME Systems, engineering experts who create tailor-made solutions for the marine and subsea industry, is moving into a new home in Garwood Street, in South Shields. The business – which has grown from […]
Invest North East England (INEE) is delighted to announce its sponsorship of the highly anticipated FinTech North Newcastle Conference 2024. The event will take place on Wednesday 17 July, at the iconic Tyneside Cinema. As a leading advocate for economic growth and innovation in the North East, INEE’s participation underscores its commitment to fostering the […]
Development of the world’s most advanced wind turbine blade and drive train testing assets at ORE Catapult’s National Renewable Energy Centre in Blyth, Northumberland, set to deliver major boost to UK growth from offshore wind. Ambitious plans to keep the UK at the forefront of technology development in offshore wind have been given the green […]
Filtronic the leader in high-performance mmWave technologies, has today signed a Strategic Partnership and commercial agreement with SpaceX, a market leader in the low Earth Orbit market. The Strategic Partnership includes the ongoing supply of Filtronic’s cutting-edge E-band Solid State Power Amplifiers (SSPA), alongside collaborative efforts in developing and delivering comparable products across multiple frequency bands […]
Plans that will see up to 4,000 new jobs created and billions of pounds in investment for the North East are set to go live in April. With the key features of the Investment Zone now agreed, Government and the Combined Authority have published details of the North East Investment Zone’s key sites here. There […]
A major TV and film studio complex is to be built in Sunderland after the government confirmed a devolution package for the north east of England. Chancellor Jeremy Hunt announced a “trailblazer” deal, which will eventually unlock up to £120m towards the development of Crown Works Studios. Fulwell Cain – a joint venture between Fulwell […]
By Michelle Duggan, Inward Investment Manager at Invest North East England. The health and life sciences sector plays a crucial role in shaping the global economy by promoting health and driving innovation. It also creates significant economic activity through healthcare services, pharmaceuticals, biotechnology, medical devices, and research and development. These industries create jobs, generate revenue, […]