Latest News
SMD enjoys turnover boost as firm plans to diversify to continue growth
Remote submarine maker SMD, based in North Tyneside, has seen its turnover jump by almost £5m after the company won two major contracts. According to the financial accounts for Specialist Machine Developments (SMD) Limited, revenue at the firm increased to £58.6m for...
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Top baby brand Tommee Tippee owner toasts global growth
The owner of North Tyneside based Tommee Tippee is celebrating growth in global sales after posting a 45% lift in operating profits. Mayborn Group, which employs more than 1,200 people around the world, has published accounts for 2018 which draw together sales and...
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North Tyneside engineering firm to create jobs after major project wins
An engineering consultancy is creating new jobs after a number of project wins with national house builders, contractors and developers. RWO Associates – which has moved to new offices in Seaton Burn, North Tyneside, to accommodate expansion – has secured more than...
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Former Swan Hunter shipyard in North Tyneside put up for sale
The former Swan Hunter shipyard in North Tyneside has been put up for sale in a bid to breathe new life into the site. More than a decade after the Wallsend shipbuilder’s towering cranes disappeared from the skyline in 2007, significant investment has seen parts of...
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Energi Coast expands to play key part in Offshore Wind Sector Deal
The North East's offshore wind cluster, Energi Coast has expanded with the aim of playing a key role in delivering ambitions set out in the Offshore Wind Sector Deal. Published earlier this year, the Offshore Wind Sector Deal sets out the government’s ambitions to...
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North East ‘punching above its weight’ in attracting foreign investment
New figures released by the Department for International Trade show North East England is one of the most successful regions outside London in creating jobs from foreign direct investment. The latest figures show that in 2018/19 the North East created 125 jobs for...
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Fintech firm to create 80 jobs in North Tyneside as recruitment drive steps up
A fintech firm owned by Newcastle Building Society is creating 80 new jobs in the North East as part of the first phase of its “tech talent” investment drive. Newcastle Strategic Solutions creates savings platforms for other banks and firms in the financial sector and...
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North Tyneside housing association to build 30 new jobs for the North East
Gosforth-based Home Group is creating up to 30 new jobs for the region following its digital expansion plans. One of the largest housing associations in the UK, Home Group is aiming to become more interactive with its digital consumers. It is looking to recruit for...
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Growing pharma firm Sterling set for more investment after major acquisition
A growing pharma firm is expanding its North Tyneside factory - as well as its geographical footprint - after being snapped up by a London healthcare investor. Cramlington-based Sterling Pharma Solutions, which specialises in developing and making active...
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