Tag: Investment
A technology-driven spin out that looks to transform cell production is the latest business to move into The Biosphere lab facility on Newcastle Helix. Moving from the International Centre for Life, CellulaREvolution spun-out of Newcastle University in 2019 and are currently working on bringing their continuous cell culturing technologies, that aid the production of ‘clean […]
Draeger Safety UK Ltd, part of The Dräger Group, an internationalleader in the fields of medical and safety technology, has today officially opened a new manufacturing facility in Gateshead, expanding its ongoing commitment to the North East of England. The new site, which will produce FFP3 face masks to fulfil a Government contract to supply […]
Innovative modular housebuilder, CoreHaus, is opening its first UK manufacturing site at a County Durham business park as part of its scale-up plans. CoreHaus has secured its new 20,000 sq ft unit at Jade Business Park, in Murton near Seaham, and recruited a highly skilled team to start production of its unique modular homes, which […]
The North East Fund has announced that during 2020, it helped more than 100 regional companies to raise £50m of funding despite the coronavirus pandemic. Businesses across Northumberland, Tyne & Wear and County Durham received £20m of investment direct from the North East Fund which then helped them to secure a further £30m of finance […]
North East’s ‘most versatile’ clean energy park provides a unique co-location opportunity for the renewables sector with unrestricted, 24/7 marine access Port of Tyne is using the Offshore Wind North East conference as the forum to launch its latest commercial venture, a new green energy park for the north east region. Tyne Clean Energy Park […]
Port of Blyth and its partner Advance Northumberland are to showcase a number of important developments coming to fruition in early 2021 at the upcoming Global Offshore Wind 2020 conference. Both businesses have major development projects due for completion over the coming months that will provide the renewables sector with significant and timely quayside developments […]
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 […]