Tag: Sunderland
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 […]
Hitachi Rail and Hyperdrive Innovation have signed an exclusive agreement to develop battery packs to power zero-emission trains and create a battery hub in the North East. The two North East manufacturers will now accelerate the creation of batteries that can be mass-produced to provide emission-free power for hundreds of battery trains across the UK. […]
The Duke of Kent visited Liebherr Sunderland yesterday [5th March] to hear more about the company’s continued investment in the city and its award-winning apprenticeship programme. His Royal Highness was welcomed to the plant by Liebherr Sunderland managing director Ralph Saelzer before meeting the Mayor and Mayoress, Councillors David and Dianne Snowdon and Sunderland Central […]
Rapidly-expanding Saggezza, which provides software solutions for clients including a global private investment banks and a global credit card brand, will expand its employee base in Sunderland by some 50 per cent, after seeing global sales soar in 2019. The business completed a number of new partnership deals last year to aide its offer to clients and […]
An abandoned waste site is to be transformed into use as a key manufacturing site after being bought by Sunderland City Council. The major regeneration scheme will see leading crane manufacturer Liebherr expanding its business into the former Alex Smiles waste site in Deptford. Liebherr Sunderland builds maritime cranes and cargo handling equipment from its […]
Legal & General, one of the world’s largest investment managers, has announced that it has backed an extensive masterplan for the regeneration of Sunderland’s city centre, after agreeing a £100m deal with Sunderland City Council. Legal & General’s commitment will deliver three buildings on the former Vaux Brewery site and form part of the […]
TRANS-ATLANTIC tech firm, ProForecast, designed to help businesses accurately predict future performance, is forecasting a bright outlook for its platform after moving to a new head office in Sunderland. ProForecast has developed cloud-based software that uses artificial intelligence (AI) to help businesses strategically plan for the future, providing in-depth predictions and reports that enable users […]
Inflo, a North East fintech business is set to continue investing in the region after strong international growth, including a deal with Thomson Reuters, saw it record its best year to date. Inflo, based at the Evolve Business Centre in Houghton-le-Spring, has developed a suite of software solutions with the potential to revolutionise the global […]