Tag: Investment
A successful working partnership between land regeneration and property development company, Harworth Group plc, and commercial tenant, Lynx Precast, has led to a £1.6m purchase agreement enabling the concrete manufacturer to buy existing premises as well as additional land for future expansion at Lynefield Park, Northumberland. The ownership arrangement will see Harworth Group hand part […]
Washington-based Snorkel Europe Limited has almost doubled employee numbers in the last two years and increased sales by 79 per cent since 2015. The exceptional growth owes much to thriving global exports. The Sunderland plant of the worldwide Snorkel business produces the largest proportion of Snorkel aerial work platforms for markets outside of North America. […]
Newcastle based Biosignatures has raised £3.5m led by ADV to transform the lives of millions of people by diagnosing serious medical conditions earlier than ever before. Biosignatures discovers new blood tests. The company has developed a machine learning system which, alongside its powerful sample measurement system, is a disruptive and dramatically cost-effective step forward […]
Ocado, a world-leading e-commerce business is set to create up to 300 new jobs in Sunderland, after it was unveiled as the first occupier to take space on the former Vaux Brewery site. Ocado, ‘the world’s largest dedicated online grocery retailer’, has signed a 15-year deal to let the top two floors of THE BEAM, a flagship […]
Sumo Group plc has agreed to lease the top two floors of the Riga Building, extending to 16,500 sq ft, to house the local studios of its Sumo Digital and Atomhawk businesses. Gateshead Council announced the news today that it had secured its first new tenants for Riga. Sumo Digital will move in early 2020 […]
Sage the market leader in cloud business management solutions, today announces that it will invest £40m in the North East of England in the next three years, creating an improved experience for colleagues, customers and partners, and strengthened technology and customer facing capabilities. The new workspace for colleagues in Newcastle will be part of a […]
An incubator facility designed to hothouse ideas that offer solutions to some of society’s most pressing challenges has opened in Sunderland. The Innovation Zone has been created by the North East Business and Innovation Centre (BIC) to bring together people who are developing new products, processes and applications that address real world problems such as […]
Today (24th June 2019) at their Glasgow Headquarters, Managing Director Colin West announced Eyecademy’s official expansion of operations into Newcastle, North East England. Strengthening the company’s provision of Data, Analytics and Consultancy, this new expansion will enable Eyecademy to continue to deliver insights to enterprises across the UK. Expansion into the North East Delivering Data […]