The tremendous news that Nissan’s Sunderland plant will be one of only three locations in the world to develop these new electric cars underlines the outstanding capabilities of the Sunderland workforce and the high regard in which they’re held by the company.
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Printable versionDurham firm receives sales boost
2010-03-08Newsfeed
An engineering firm in County Durham has secured £200 million worth of forward sales, enabling it to create 200 new jobs and safeguard 200 existing ones.
An engineering firm in County Durham has secured £200 million worth of forward sales, enabling it to create 200 new jobs and safeguard 200 existing ones.
Peterlee-based GT said it received orders for the next five years for its engine emissions control systems used in trucks, tractors, marine and construction equipment.
Geoff Turnbull, GT's group chairman, stated: "With the EU and international governments imposing tough regulations on transport emissions, vehicle manufacturers around the world are sourcing new technologies to deliver improved vehicle performance and environmental sustainability.
"We have now achieved a massive £200 million of forward sales for these products after years of sustained investment in research and development."
The firm is planning an investment of £10 million over the next three years. It has the backing of One North East, which has pledged £2 million in funding.
Mr Turnbull added: "The major investment programme that we are about to undertake would have been very difficult without the assistance of One North East and Durham County Council, both of which have shown a real commitment to ensuring our business has the support it requires to be a pioneer in this important technology."
Copyright © Press Association 2010
The NETPark Net project is part financed by the European Union’s ERDF Competitiveness programme 2007-13, securing £0.22m of ERDF investment through the Regional Development Agency One NorthEast. The ERDF programme is bringing over £250m into the North East to support innovation, enterprise and business support across the region. This project has received funding from Durham County Council through County Durham Development Company.
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