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I I Fly easternairways.com THE FUTURE IS HERE Your guide to investing, living and working in Tees Valley AN EASTERN AIRWAYS MAGAZINE SPECIAL SUPPLEMENT IN ASSOCIATION WITH TEES VALLEY UNLIMITED | NEW YEAR 2016 TEES VALLEY INVEST IN

INVEST IN TEES VALLEY€¦ · 2,600 jobs in Tees Valley, £2 billion Gross Value Added (GVA) and £1.2 billion in additional exports by 2035. Tees Valley’s main advantage over other

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Page 1: INVEST IN TEES VALLEY€¦ · 2,600 jobs in Tees Valley, £2 billion Gross Value Added (GVA) and £1.2 billion in additional exports by 2035. Tees Valley’s main advantage over other

iiFly easternairways.com

THE FUTURE IS HEREYour guide to investing, living and working in Tees Valley

AN EASTERN AIRWAYS MAGAZINE SPECIAL SUPPLEMENT IN ASSOCIATION WITH TEES VALLEY UNLIMITED | NEW YEAR 2016

TEES VALLEYINVEST IN

Page 2: INVEST IN TEES VALLEY€¦ · 2,600 jobs in Tees Valley, £2 billion Gross Value Added (GVA) and £1.2 billion in additional exports by 2035. Tees Valley’s main advantage over other
Page 3: INVEST IN TEES VALLEY€¦ · 2,600 jobs in Tees Valley, £2 billion Gross Value Added (GVA) and £1.2 billion in additional exports by 2035. Tees Valley’s main advantage over other

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This publication is produced as a supplement to Eastern Airways Magazine. Eastern Airways is Europe’s leading provider of fixed-wing air services for the oil and gas industry, thanks to its strategic connections from Aberdeen.

Copies of this supplement have been produced as a stand-alone publication and distributed by Tees Valley Unlimited and NOF Energy, the leading business development organisation for companies involved in the UK oil, gas and energy sectors.

www.easternairways.com teesvalleyunlimited.gov.uk www.nofenergy.co.uk

Published for Eastern Airways by Gravity Magazines, Abbey Business Centre, Pity Me, Durham, DH1 5JZ. www.gravity-consulting.com Tel: +44 (0)191 383 2838. Publisher: Stan Abbott Design: Barbara Allen

Advertising: Liz Reekie Tel: +44 (0) 7563 796103 / +44 (0) 1434 240947 e-mail: [email protected]

Print: Buxton Press

ISSN: 1477-3031 © December 2015

WELCOMEEastern Airways Magazine is pleased to work in partnership with Tees Valley Unlimited to bring you this special supplement, which highlights the investment and lifestyle opportunities available in the Tees Valley.

Eastern Airways prides itself on serving the needs of the offshore energy sector by providing fast, frequent connections from important regional centres to Aberdeen, the UK’s energy capital.

With four return flights daily, Monday to Friday, Durham Tees Valley is a key part of that network, with the Tees Valley also providing an increasingly attractive option for Aberdeen companies looking to outsource parts of their operations.

But of course the Tees Valley is more than just a business location: as this supplement shows, it’s also a great place to live and enjoy life and we’re pleased to be able to help readers to learn about some of its secrets. We are also pleased that our partner, NOF Energy, is once again able to help in the distribution of this supplement.

THE EASTERN AIRWAYS TEAM

Cover: Wind turbines at the Teesside Offshore Wind Farm

Tees Valley Unlimited is once again delighted to be supporting this Eastern Airways offshore industry and investment supplement.

We are the Local Enterprise Partnership for the Tees Valley in the North East of England, a public-private partnership working to develop and promote the Tees Valley economy.

We have a dedicated Business Investment Team, with more than 20 years of experience and knowledge, which is on hand to give support to companies looking to invest and grow in the area.

The services we offer include pre-investment support; advising on sites, recruitment and skills, financial support and post-investment assistance; helping companies contact potential customers and suppliers; and helping to grow their business. With strong links to both public and private organisations in the area we can provide introductions to people who offer specialist assistance and advice.

Our hands-on approach has resulted in numerous investments over recent years, despite the challenging global economic environment, resulting in more than

£2 billion of private sector investments since April 2011. Projects have included major investments in the oil and gas and offshore wind sectors.

With a rich industrial heritage, Tees Valley has a long track record of delivering large scale projects in oil and gas, fabrication and decommissioning. In addition, over 200 companies based in the area already operate in the emerging offshore wind sector.

In this supplement you will find information about why so many companies in the offshore industries have chosen Tees Valley for their location and why the area continues to see considerable investment, both from the companies that are already here and new companies that are looking for a UK base.

With port facilities, fantastic infrastructure and logistics and a ready-skilled workforce, the Tees Valley is well placed to offer your company the ability to succeed in your sector.

NEIL KENLEY Director of Business Investment Tees Valley Unlimited

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Tees Valley has a world-class reputation for delivering large-scale projects across key sectors, such as oil and gas, advanced manufacturing and engineering, chemicals and processing, automotive and aerospace, logistics, renewables and digital.

Tees Valley’s world-renowned industrial centre has an established history and expertise, giving the area a competitive advantage over other regions, which has helped to attract over £2 billion of capital investment since 2011.

A key centre for the oil and gas sector in North East England, Tees Valley has produced more than 70 per cent of the oil platforms and heavy engineering for the North Sea.

Tees Valley’s deep-water ports make it ideally positioned for servicing the North Sea and offshore industries. The area can offer expert offshore fabrication facilities, and prime land availability, as well as 12 Enterprise Zone sites and an excellent supply chain, boasting the world’s largest cluster of sub-sea cabling and trenching companies.

With the largest integrated chemical complex in the UK, and the second largest in Europe in terms of manufacturing capacity, Tees Valley is home to 58 per cent of the UK’s chemical industry and contributes £26 million to the UK economy.

A growing digital sector provides world-class solutions in the offshore and engineering sectors. Major players include Unasys, Daturn360, Faithful and Gould and K Home International.

Tees Valley has a first-class logistics infrastructure with more than 17,000 people directly employed in over 250 companies, making it one of the fastest growing industries in the area.

Key sectorsAt the forefront of engineering and manufacturing developments, Tees valley’s heritage and expertise ranges from automotive to aerospace, and chemicals to construction, laying the foundations for a successful and thriving industry.

A great place to investTEES VALLEY

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Carbon capture and storage gathers paceLed by Teesside Collective – a cluster of leading industries including Lotte Chemicals, BOC, Growhow and more recently Sembcorp – Carbon Capture and Storage (CCS) is a ground-breaking initiative with a vision to establish Tees Valley as the go-to location for future clean industrial development by creating Europe’s first CCS-equipped industrial zone.

CCS is a proven technology that can capture, transport and permanently store up to 90 per cent of the CO2 emissions produced by industrial facilities, preventing them from entering the atmosphere.

Publishing a technically viable, end-to-end blueprint for a shared CCS network, Teesside Collective sets out the economic and environmental benefits the project could bring to Tees Valley and the wider UK.

EXPANSION

The initial plan, which could be operational by 2024, would see 2.8m tonnes of CO2 a year – a quarter of Tees Valley’s emissions – stored permanently under the North Sea. The project would support 1,200 jobs during construction and help retain 5,900 in these companies and their supply chains.

It is envisaged that other industries already in Tees Valley would later be able to plug into the network, as would new plants locating to the area, and expansion by the 2030s could see 15m tonnes of CO2 stored annually.

The new investment attracted by the infrastructure could create an additional 2,600 jobs in Tees Valley, £2 billion Gross Value Added (GVA) and £1.2 billion in additional exports by 2035.

Tees Valley’s main advantage over other UK and global locations is its low operating costs. Tees Valley is undoubtedly a cost-competitive location, with rents and rates around half of most major cities, and a quarter of those in London. This, combined with competitive wage rates, and financial incentives available on sites and premises, make it a great location for new investment or expansion.

Tees Valley is leading developments in the renewables sector, with a growing cluster of biomass, biofuel, bioethanol and energy-from-waste plants. It has CORE status, making it the ideal place for investment in offshore wind.

Tees Valley has some of the best and most productive automotive and aerospace facilities available, helping it to maintain its position at the leading edge of developments in this sector.

TEES VALLEY

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Devolution and the Northern Powerhouse

The aim of the Northern Powerhouse is to redress the North-South balance and attract investment into northern towns and cities, creating a collective force to rival that of London and the South East.

There are nearly 474,000 companies in the Northern Powerhouse region, which includes cities as wide-ranging as Liverpool, Manchester, Sheffield and Newcastle, and 16,500 of these are located in Tees Valley. So far the area is playing a key role, with Stockton South MP James Wharton appointed Minister for the Northern Powerhouse, and David Cameron coming to Stockton in his first post-election visit.

With proposals for a Tees Valley Combined Authority well underway, the area’s own Powerhouse is emerging whereby the five local councils of Darlington, Hartlepool, Middlesbrough, Stockton and Redcar and Cleveland will unite as a formal authority when focussing on issues such as economic development, transport, infrastructure

and skills. Local people and businesses are in favour of this new body after a consultation period showed that 65 per cent of the 1,900 respondents supported the Combined Authority.

While the five councils will still exist in their own right, a Combined Authority gives a strong single voice to the area, putting a structure in place that will allow Tees Valley to have more influence on national policies, and allow the region to take advantage of new powers and funding that may become available.

With the devolution deal now signed by Chancellor George Osborne in October 2015, Tees Valley has more say on local matters, with £15 million funding available per year for the next 30 years. Issues

such as transport, education, skills and employment, economic growth and business support and investment will now be dealt with locally, giving greater power to the Tees Valley Combined Authority.

The “Tees Valley Powerhouse” will bring more jobs to the area across a range of industries and will ensure that local people have the skills to take up these new jobs. With key decisions over road and rail, social housing and economic growth being made locally, there will be more opportunities for the people of Tees Valley. New investors will be attracted to the area and Tees Valley will play an even bigger role in the Northern Powerhouse, contributing more to the UK economy.

Chancellor George Osborne described the Northern Powerhouse as “a collection of northern cities sufficiently close to each other that, combined, they can take on the world”.

TEES VALLEY HAS MORE SAY ON LOCAL MATTERS, WITH £15 MILLION FUNDING

AVAILABLE PER YEAR FOR THE NEXT 30 YEARS.

Chancellor George Osborne and Paul Booth, Chair of Tees Valley Unlimited,

signing the devolution deal

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OIL AND GAS FABRICATIONWith its long history of offshore engineering, Tees Valley has many expert fabrication companies in the offshore sector, providing a full supply chain solution from conception to delivery (including operations and maintenance, skills and training).

SUBSEAThe UK’s major sub-sea service providers are resident in Tees Valley, which they chose for its prime geographic location and the support services within the region. This has created a hub of expertise operating globally in the renewables, oil and gas and telecommunication sectors, including sub-sea ROV (remotely operated vehicles); cable-laying and cable-trenching capability.

DECOMMISSIONINGTees Valley has many advantages to offer the offshore decommissioning sector. With more than 500m of available quayside, and water depths ranging from 9-11m, the area can offer an “oven-ready” solution to the offshore industry

OFFSHORE WINDOffshore wind presents a wide range of exciting opportunities in Tees Valley, with real potential for growth. The region already boasts a potential supply chain of more than 400 companies, employing more than 20,000 people, and there are 160 Tees Valley firms already directly involved, or actively interested in the sector.

TEES VALLEY OFFSHOREMany operators in the offshore sector are based in the Tees ValleyTees valley has one of the world’s greatest concentrations of companies operating in the offshore oil and gas, subsea, decommissioning and offshore wind sectors, with more than 400 companies making up the direct supply chain and a further 3,000 involved indirectly. They include industry leaders such as BP Cats, ConocoPhilips, Amec Foster Wheeler, Tracerco, SABiC, Lotte, and Heerema.

With one of the most complete and integrated supply chains anywhere in the UK, support for businesses is already on hand, making Tees valley the perfect place to invest.

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Many operators in the offshore sector are based in the Tees Valley

TEES VALLEY OFFSHORE

The region already boasts a potential supply chain of more than 400 companies,

employing more than 20,000 people

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Tees Valley’s location and transport connections give it a wide catchment area of labour and, with wage rates for engineering and technician roles lower than other manufacturing centres, it offers a cost-competitive location.

In addition, the area has low labour turnover rates and high productivity, ensuring companies locating in the area have a secure and highly efficient workforce.

Tees Valley is home to several high-ranking Further Education Colleges and two world-class award-winning universities. All provide excellent bespoke training, both full-time and in tailored units, to provide businesses with skilled employees.

These providers are flexible, allowing employers to get the most out of training their staff, and they have a particular emphasis upon engineering and manufacturing.

The network of industry-recognised providers in Tees Valley offers the widest possible range of apprenticeships (at Level 2, 3 and 4) for the engineering industry, as well as work-based learning and bespoke training packages.

As a consequence, Tees Valley has nearly 8,000 students enrolling in courses each year, many doing

specialist electrical and electronic, mechanical, manufacturing, process, instrumentation, fabrication and welding courses in purpose-built engineering facilities offered by the colleges in the area.

Indeed, Tees Valley has more trade apprenticeships and employees undertaking training than the UK average.

Tees Valley is also within one hour’s drive of six first-class universities,

where more than 9,000 students read engineering each year. North East universities have a reputation for engineering excellence, with a higher proportion of students in the region studying engineering and technology than the national average. The subject has experienced the greatest increase in student numbers of any subject in the North East over recent years – a growth much higher than the national average.

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Tees Valley’s industrial heritage means it has a skilled and available manufacturing and engineering workforce

THE SKILLS ARE HERE

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Tees Valley has gone back to its roots with major new deals in both mining and rail manufacturing that will transform the area, create thousands of jobs and bring with them opportunities for the rest of the supply chain.

DOING WHAT WE DO BEST

Rail manufacturing returns to its birthplace

What York Potash mine approval means for Tees ValleyThe North York Moors National Park Authority has approved a plan to dig a mile-deep shaft under protected North Yorkshire moorland and tunnel 16km to the Wilton International site near Redcar.

A small corner of one of Britain’s most stunning national parks will be dug up to make way for a £1.7 billion potash mine, restoring the proud mining heritage of North East England.

The approval of plans for the York Potash mine could be the key to unlocking thousands of jobs for the people of Tees Valley, and business leaders and

local authorities in the area have backed the plans, which could see 3,000 jobs created.

In April 2015, Redcar & Cleveland Council’s regulatory committee unanimously voted to allow York Potash to build an underground pipeline to transport the fertiliser polyhalite to the Wilton site from the mine, near Whitby, North Yorkshire.

The decision to go ahead with the plans brings with it enormous social and economic benefits to the area by creating jobs, improving training and education

opportunities for young people, providing community facilities and generating more wealth in the economy.

There are many advantages of locating at Wilton International, not least because of its competitively priced energy, superb site infrastructure, excellent logistics and close proximity to the River Tees.

These factors, along with an availability of a trained, skilled workforce, mean minerals processing has the potential to be an important growth sector for the site in the coming years.

Nearly two centuries ago, the world’s first passenger train travelled from Stockton to Darlington, earning North East England a place in the record books. The railway became a site of national importance, with its historic significance still recognised across the world.

Now, 190 years later, Hitachi Rail is bringing rail manufacturing home to the region, with a new £82 million Rail Vehicle Manufacturing Facility, in Newton Aycliffe (in County Durham,

on the edge of the Tees Valley). The facility is where the Government’s new InterCity Express (IEP) trains for the East Coast Main Line and Great Western Main Line, and AT200 commuter trains for Scotland, will be manufactured.

This massive investment shows a confidence in the area and in the strength of its growing economy. Investment of this kind will have a huge impact locally, bringing with it a wealth of opportunities for the supply chain.

Artist’s impression of a new train on the main line from Paddington

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EDINBURGH TECHNOPOLE KENT SCIENCE PARK STONELEIGH PARK

HEXAGON TOWER LANGSTONE TECHNOLOGY PARK WILTON CENTRE

For further information including viewing arrangements and lease terms, please contact us below:

wiltoncentre.com | 01642 438050 | [email protected]

Office space at the heart of Teesside’s oil, gas & renewable energy sectorLooking to locate your Project Office? Come and view our high quality fully serviced and managed office space – fully ready to move in to, taking any hassle away from you. With a vast choice of flexible space and immediate occupancy.

Our dedicated Technical Development Area and Pilot Plant facilities are second to none.

Plus free parking, Lakeside restaurant, café and shop, fully equipped Gym and a range of excellent meeting spaces…

Wilton Centre - Be part of it.

THE TEES VALLEY

IS ONE OF THE UK’S

KEY LOCATIONS

FOR ENERGY

SECTOR SUPPLY

CHAIN ACTIVITY,

SAYS BUSINESS

DEVELOPMENT

ORGANISATION,

NOF ENERGY.

NOF ENERGY MEMBERS FLY THE FLAG FOR TEES VALLEY INDUSTRY

JOANNE LENG MBE Deputy Chief Executive of NOF Energy

NOF Energy, which represents almost 500 businesses in the oil, gas, nuclear and offshore renewables supply chain, highlights the area’s ability to build on its engineering heritage to deliver innovative and technology-led solutions – an ability that is building its reputation in the global market.

While the UK oil & gas industry is undergoing a period of change, there are still plenty of opportunities for Tees Valley supply chain companies around the world. NOF Energy is currently working with UK Trade and Investment on a series of international market visits to help forge new relationships between suppliers from the Northern Powerhouse regions and energy sector companies in established and emerging markets.

A recent successful Northern Powerhouse trade mission to Mexico and Colombia included representatives of Middlesbrough-based TTE Technical Training Group.

TTE Technical Sales Manager Margaret Cholmondeley was among the delegation and said: “We are always keen to enter new markets and the visit to Mexico was of great interest and benefit to TTE, allowing a greater understanding

of the country’s focus.

“The whole trip was very successful and allowed those attending to meet with relevant companies to identify joint working relationships. NOF Energy and UKTI are to be congratulated on the whole venture, the expertise and professionalism in delivering the programme was outstanding.”

NOF Energy’s next Northern Powerhouse mission visits Singapore and Australia in February 2016. Both markets hold considerable opportunities and we’d encourage Tees Valley companies to join us to explore the possibilities to expand their presence on the international stage.

www.nofenergy.co.uk

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MECH-TOOL FLYING HIGHDarlington based engineering company, Mech-Tool has been ranked tenth in The Sunday Times HSBC International Track 200, published in July 2015. The league ranks Britain’s mid-market private companies with the fastest growing international sales.

Mech-Tool Engineering is the highest-ranked company in North East England. The company designs and manufactures specialist cladding and other materials for protection against fire and blast in the oil, gas, petrochemical and nuclear industries. International sales rose 140 per cent to £27.3 million in 2015, placing it at Number Ten nationally.

Mech-Tool Engineering have also been ranked 3rd in the North East’s “Fastest 50”, an initiative run by Ward Hadaway Law Firm, which recognises outstanding business achievement by companies across the North of England.

It highlights and celebrates the achievements of fast-growing, profitable companies in the North East, Yorkshire and the North West by compiling and publishing annual lists of the 50 fastest growing privately-owned businesses in each of these regions

Engineering a future for Whessoe

SUCCESS STORIES

A vastly experienced team at Whessoe Engineering, in Darlington, has designed a facility the size of St Paul’s Cathedral to store ethane to fuel Sabic’s cracker plant on the Wilton site, at Redcar.

The new boss of the famed Tees Valley engineering company, Len Taylor, describes the cavernous storage tank as “like standing in a cathedral”.

The ethane will come from the United States, where it has

been freed from the earth by the fracking process. The US has a huge surplus of ethane, which offers areas with a process industry close to the coast, such as Tees Valley, an excellent opportunity to take supplies of a feedstock that is much cheaper than traditional sources, such as naptha.

Ethane will be shipped across the Atlantic, liquefied and stored in Tees Valley, once the Whessoe plant comes on stream in August 2016.

QA WELD TECH EXPANDS IN TO SOUTH AMERICAMiddlesbrough-based subsea firm, QA Weld Tech is opening a new factory in São Paulo, to continue making components for pipelines in the oil and gas sector.

The company employs more than 100 workers in the region and expects the expansion in to Brazil to boost Tees Valley jobs and increase exports.

The move to South America comes after the company doubled its turnover to £16 million, invested £1.5 million on new machinery, and created 40 new posts across manufacturing and office-based roles.

The company specialises in welding and fabrication on complex structures and operates from units at AV Dawson’s Riverside Park, close to the River Tees. It plans to invest a further £400,000 on new machinery and pressure testing.

The success of Mech-Tool highlights the opportunities available to businesses in the area wanting to start up in Tees Valley and also shows the potential for companies that are looking to expand.

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THE SITES ARE HERE

ENHANCED CAPITAL ALLOWANCE ENTERPRISE ZONESFour sites have Enhanced Capital Allowances – South Bank Wharf, Hartlepool Port Estates, New and Renewable Energy Park, and Wilton International.

These allowances are available on the larger industrial Enterprise Zone sites and it is anticipated that they will be most suitable for companies looking to make significant investment in plant and machinery, particularly in the renewable energy, chemicals and advanced engineering sectors.

Companies locating on these sites can apply to receive first- year capital allowance at 100 per cent on qualifying plant and machinery to a maximum of £100 million to offset against corporation tax when the investment is made before March 2020. Tees Valley is one of only a small number of areas across the country that can offer large-scale occupiers enhanced capital allowances.

South Bank Wharf, Redcar & Cleveland (80.7 hectares) South Bank Wharf is one of the prime freehold opportunities with deep-water access in Europe. Perfect for a large offshore investment with quay access, the site already has 10.4m water depth with the ability to dredge. The site is located next to Teesport, the UK’s largest exporting port, has 350m river frontage and is close to the integrated chemical site at Wilton International.

Hartlepool Port Estates, Hartlepool (56.9 hectares) Part of the existing operating port in Hartlepool and ideal for renewable energy or advanced engineering companies, the site is fully serviced with five quays, offering a total length of 900m across three berths. The site is already home to major international companies, such as Heerema and JDR Cables.

New and Renewable Energy Park, Stockton-On-Tees (41.3 hectares) Part of the Seal Sands energy and chemicals hub, the site was recently cleared and levelled. It has B2 planning designation, permitting land to be developed for potentially high-hazard plant and energy generation.

Wilton International, Redcar & Cleveland (164 hectares) Five development plots are available at Wilton International. The fully serviced chemical complex has existing infrastructure, including power, steam and water, giving companies the opportunity to “plug and play”. The site is also close to Wilton Centre research and development facility and has pipe linkages to the north of the River Tees, which also offers jetties and storage facilities.

There is a wide range of cost-effective sites and premises across the Tees Valley, with 12 Enterprise Zones and a total of 423 hectares available for new business investment. Financial incentives are available to companies choosing to locate on these sites, as well as simplified planning procedures and super-fast broadband.

The Enterprise Zone encompasses a wide range of sites, including a number with pre-built units. The sites include both

new and established business and enterprise parks, plus large cleared industrial sites with access to utilities, port services and logistics.

All our Enterprise Zone sites offer excellent transport connections, with road links to the A66, A19 and A1(M), main line railway stations offering passenger and freight services, an international airport on the doorstep and access to one of the UK’s largest deep water ports, Teesport.

Hartlepool Port

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BUSINESS RATE RELIEF ENTERPRISE ZONES Companies locating to one of the eight Enterprise Zones offering business rate relief may qualify for up to £55,000 a year of rate relief over five years, totaling £275,000.

These sites are ideal for small and medium sized businesses, which form the supply chain of the area’s heavy industry, including petrochemicals, renewable energy and advanced engineering, or which are part of the area’s emerging and fast growing digital sector.

Queens Meadow Business Park, Hartlepool (13.6 hectares) An existing business park with offices and industrial units, which is located close to Hartlepool Port Estates and Able Seaton Port.

Teesside Advanced Manufacturing Park (TAMP), Middlesbrough (11 hectares) Located next to the highly successful Riverside Park Industrial Estate, TAMP offers the opportunity to be part of an already established cluster of businesses. The site will host an Offshore Wind Validation Centre, which will provide research into fabrication methods for offshore wind turbine towers and foundations, plus validation services aimed at helping manufacturers prove their validity to prospective financiers and insurers.

Kirkleatham Business Park, Redcar & Cleveland (12.6 hectares)Existing units next to the integrated chemical site, Wilton International, where a cluster of chemical and process industry companies is based. The site has serviced land ready for development, as well as existing office and industrial buildings available for immediate occupation.

Belasis Business Park, Stockton-On-Tees (8.5 hectares) An established business park with existing office units, this site is perfect for companies in any sector looking to move or expand into the area. Located close to Offshore Structures (Britain) and Wilton Engineering.

Oakesway Industrial Estate, Hartlepool (12.7 hectares) Part of an existing industrial estate, the Oakesway Enterprise Zone site is situated close to Hartlepool Port Estates.

Northshore, Stockton-on-Tees (5.1 hectares) Part of the major regeneration scheme in the area, the site is linked to the highly successful Teesdale Business Park via the new landmark Infinity Bridge. The development includes offices, retail, leisure space, hotels and housing and is located close to the centre of Stockton. It is also home to the new Fusion Hive development, which opened in 2015, and is the place to be for ambitious technology companies.

Central Park, Darlington (9.3 hectares) Part of the regeneration scheme in Darlington town centre, the Central Park Enterprise Zone is home to Darlington College and the new Teesside University Darlington campus. The Centre for Process Innovation (CPI) opened the National Biologics Manufacturing Centre here, in 2015. The £38 million centre supports the growth of the UK biologics industry. Business Central also opened in 2015. Situated in the heart of Darlington, it offers office space to established and start-up businesses.

St Hilda’s, Middlesbrough (8.1 hectares) Situated next to the thriving digital cluster of Boho, the site is close to the town centre of Middlesbrough, near both Teesside University and Middlesbrough college.

CPI Building

Fusion Hive

Queens Meadow

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With 2025 already set to be a memorable year for the area, as the region marks the bicentenary of the birth of passenger rail travel, a successful bid could generate huge social and economic benefits for Tees Valley, creating a legacy for years to come.

A group – including representatives from Teesside University, Tees Valley Unlimited, the five Tees Valley authorities and Arts Council England – made the recommendation following an exploration of Tees Valley’s cultural offering, and to ensure it better supports the area’s ambitious economic plan. This bid would not only support growth in the tourism and visitor economy, but in the creative industries. It will also show how culture can be utilised to address issues around employment, education, health and wellbeing, and social inclusion.

Tees Valley already has a number of nationally significant institutions to offer. Hartlepool’s Historic Quay

is a superb re-creation of an 18th century seaport and is set to become the National Museum of the Royal Navy. The Middlesbrough Institute of Modern Art (mima) is one of the UK’s leading galleries for modern and contemporary art and crafts and a centre of excellence for exhibiting and collecting, with many acclaimed artists already exhibiting here. Preston Park Museum is a former Georgian residence, which now houses a vast array of artefacts that tell the story of Stockton. You can take a step back in time in the replica Victorian Street, and the grounds also play host to a number of theatre, musical and other spectacular events throughout the year.

The annual Stockton International Riverside Festival, described by Alan Davey, Chief Executive of Arts Council England as “the world’s best international festival of outdoor arts” is now a regular fixture in the calendar, as is the Darlington Festival of Thrift,

A PLACE OF CULTURE Tees Valley has declared its intent to bid to become the UK City of Culture in 2025

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Clockwise from top: mima, and fountain, Middlesbrough; Stockton International Riverside Festival; Hartlepool’s Historic Quay; Roseberry Topping, North York Moors National Park

voted the Arts and Culture winner in the Observer Ethical Award.

There are distinctive theatres, such as Stockton’s Arc, which presents high-quality cultural entertainment, and a national centre of excellence for children’s theatre, with Theatre Hullabaloo in Darlington, a pioneering organisation, which makes and promotes theatre for young audiences.

All this is nestled within the most stunning landscape of beautiful coastlines and spectacular countryside. The North York Moors National Park provides a backdrop to the Tees Valley, with its rolling hills offering breath-taking views across the area, while the miles of beach and seaside towns offer impressive coastline vistas.

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New wind farm breezes through planning consentPlanning consent for the next phase of the Dogger Bank offshore wind development has been granted. The project is being taken forward by Forewind and, if built, would see a huge offshore wind farm being built off the coast of North East England, helping to create almost 5,000 jobs and boost the UK economy by about £1.5 billion.

With the onshore elements of the development to be located in Redcar and Cleveland, the project has the potential to generate enough green electricity to power up to 1.8 million homes.

BLOWING IN THE RIGHT DIRECTIONOffshore wind presents a wide range of exciting opportunities in Tees Valley, with real potential for growth.

The region already has a potential supply chain of more than 400 companies, employing more than 20,000 people and there are 160 Tees Valley firms already directly involved, or actively interested, in the sector.

There is an increasing demand to build renewable energy assets, in particular offshore wind, and Tees Valley has been awarded UK Government CORE status as a Centre for Offshore Renewable Engineering. This is in recognition of the area’s existing port

infrastructure, including deep-water access, available skills and logistics and the presence of an experienced supply chain, which will enable rapid growth in the offshore wind sector. In addition, there is extensive business support available, with local government providing free location-finding services and assistance on premises and grant applications.

The region benefits from good access to supply chains and from 16.5GWE of wind farm development within easy reach of port sites. Its main advantage over rival locations is its proximity to the northern North Sea and Dogger Bank, which experiences higher average wind speeds than anywhere else in Europe.

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TEES VALLEY UNLIMITEDTees Valley Unlimited has a dedicated Business Investment team on hand to give life-long support, from the pre-investment phase, to advice on sites, recruitment and skills. The support doesn’t stop there: post-investments TVU is on hand to help match up potential investors with potential customers and suppliers to help grow their businesses.

We have excellent links with both public and private sector organisations in the area and can provide introductions to people who offer the specialist help you need. We can steer you through the assistance available to companies locating here and help you build your business case, with information from labour market statistics to local supplier networks at our fingertips.

For further information contact the Business Investment Team at Tees Valley Unlimited. Tel: 01642 524400Email: [email protected]: www.teesvalleyunlimited.gov.uk

TEES VALLEY BUSINESS COMPASS Tees Valley Business Compass is part of a network of organisations called Business Growth Hubs, which the Government has set up to make sure companies are able to expand and get the right type of commonsense, practical support they need.

Whatever your business needs, Tees Valley Business Compass can help you review your options and access the right support specific to you. We offer access to a range of practical services, from local business information and assessing growth options, through to unlocking finance and funding streams.

For further information contact the Business Compass Team. Tel: 0300 4563565Email: [email protected]: www.teesbusinesscompass.co.uk

NOF ENERGYNOF Energy is a highly proactive business development organisation working on behalf of companies within the oil, gas, nuclear and offshore renewables sectors. With more than 470 members, NOF Energy actively works to identify global opportunities within these sectors and work with our members to help them secure a share of them.

www.nofenergy.co.uk

SUPPORT FROM LOCAL ENTERPRISESBLOWING IN THE

RIGHT DIRECTION

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