Deal sees former Vickers site’s future saved
Thursday 25 April 2013 22:00Engineering and manufacturing is to continue at an iconic North East industrial site when it ceases making military vehicles with the loss of 250 jobs.
Coatings firm to expand following sale
Thursday 25 April 2013 22:00Tyneside-based Monitor Coatings is not only retaining all of its 49 staff following its takeover, but it will be expanding and creating another six jobs.
Games business creates 50 new jobs
Thursday 25 April 2013 22:00A Darlington gaming firm is making a £10m expansion and creating 50 new jobs, six months after being taken over by an American firm.
TPS secures £5m US contract
Thursday 25 April 2013 22:00Power solutions business Turbo Power Systems (TPS) has secured a near £5m order with global manufacturing giant Bombardier to supply parts to metro subway cars in Chicago.
All change at Go-Ahead
Thursday 25 April 2013 6:00Transport group Go-Ahead has confirmed that Sir Patrick Brown has retired from the board as chairman, with Andrew Allner succeeding him.
Deal activity down on last year
Thursday 25 April 2013 6:00The value and volume of M&A activity in the North East dropped significantly in Q1 2013 compared to the same period last year, new figures show.
Triple dip report awaited
Thursday 25 April 2013 6:00Figures due to be released by the Office for National Statistics later today will show whether the UK has slipped into a triple-dip recession.
Software business set to soar
Thursday 25 April 2013 6:00A fledgling business software firm is on target to grow its sales from scratch to £4m this year and create around 20 jobs in the region next year as it targets opportunities in the US and UK.
Picture getting brighter for region’s firms
Thursday 25 April 2013 5:00North East businesses’ fortunes are continuing to improve in line with the picture across the rest of the UK.
Construction sees first workload rise in six years
Thursday 25 April 2013 5:00There could be light at the end of the tunnel for the North East construction industry with a rise in workloads for the first time since the end of 2007.
German giant grabs coatings company
Thursday 25 April 2013 5:00Tyneside-based Monitor Coatings has been sold to German multi-national group Messer Cutting Systems for an undisclosed sum.
Countdown to accountancy and finance celebration
Thursday 25 April 2013 5:00Former Sage CEO Paul Walker is to share his experiences at the helm of the software empire, as he delivers the keynote speech at this year’s North East Accountancy Awards.