Tag: Investment
Plans for a “once-in-a-generation” innovation district in County Durham have taken a further step forward. Durham County Council has chosen placemaker Muse as its joint venture partner to deliver the first phase of its “nationally significant” Durham Innovation District. The project will focus on the “rebirth” of Aykley Heads, a 15-hectare site currently home to […]
The Royal Academy of Engineering has launched a major new initiative to support engineering and technology innovation and grow businesses in Newcastle and the North East. Based in the historic Stamp Exchange in Newcastle’s city centre, the hub is led by Senior Enterprise Manager, Angela Tait. It will draw on the unique network of Academy […]
For the first time the North East Mayor and all seven local authorities will join forces at UKREiiF, with a unified approach to promoting investment opportunities across every part of the region. North East England will unite to promote its strongest assets and most passionate advocates at the UK’s leading real estate conference in Leeds […]
Coronado Research, a pioneering provider of data-driven solutions for the pharmaceutical, biotechnology, and medical devices sectors, has launched a new office in Newcastle. This expansion is a key step in the company’s mission to transform the drug development process and bring transformative treatments to patients faster. The purpose-led company unites artificial intelligence and machine learning […]
Global automotive automatic transmission manufacturer JATCO Ltd has provided a major boost to the UK automotive industry by officially opening a new factory, creating up to 183 jobs. Situated on the International Advanced Manufacturing Park, Sunderland, the factory will produce electrified powertrains for the nearby Nissan plant. Initially, this will be the 3-in-1, which modularises […]
Businesses in the North East and Yorkshire have secured contracts from renewable energy from Ørsted, collectively worth £75m to £100m. The work will support more than 300 jobs. JDR Cable Systems (Newcastle), Severfield (York) and Smulders (Newcastle), will produce integral components and services for the Hornsea 3 wind farm on UK soil. Severfield is the largest […]
The North East’s reputation for world-class space research and innovation has been recognised with the announcement of £2.5 million from the Engineering and Physical Sciences Research Council (EPSRC). The funding has been awarded to a consortium of academic, civic and industry partners who together will form the North East Space Communications Accelerator (NESCA), which is […]
A North East development, which is one of the largest factories in the global offshore wind sector, is to expand and support more jobs after securing £225m of financing. SeAH Wind UK has now made an additional £225m investment into wind technology manufacturing in Teesside. This brings its total investment into the site at Teesworks […]