30.07.2010
A TEESSIDE manufacturer is set to take its materials loading system into new overseas markets with the help of a £200,000 business investment.
Xena Systems’ LoadSwift system is designed to both increase productivity by at least 75% and also to cut costs in half for construction firms building multi-storey structures
The system has been used...
27.07.2010
BUDGET HOTEL company Sleeperz has secured £7m of new funding and revealed ambitions to grow the business in the North East.
The equity injection, which has come from existing investors and new backer Connection Capital, will be used to launch Sleeperz site number two in Newcastle in 2011.
Full construction of the 98-bedroom hotel will start this...
26.07.2010
Entrust have been able to help Ashington based company Food Local Food with their expansion plans thanks to funding through the Regional Enterprise Loan Fund (RELF).
Food Local Food, an internet based shopping company that only uses local suppliers, delivers delicious food to homes and businesses within a 35 mile radius of Morpeth.
The company has...
26.07.2010
ONE of the North East’s top businessmen will decide how a £1bn fund designed to boost regional growth will be spent, the Government yesterday announced.
Business and political leaders welcomed news that Sir Ian Wrigglesworth, chairman of the Port of Tyne, will be deputy chairman of the independent approval panel for the £1bn regional growth fund....
26.07.2010
A CAR mechanic who set up his own motor business last year is also racing ahead with his hobby on two wheels.
As well as running Ayton Autos in Bedlington Station, David Lillie is aiming for the top in the world of motorcycle and sidecar racing, which can reach speeds of up to 140mph.
He is part of the successful Ian Bell team, which is headed by...