TYNESIDE builder Koru Property Services has started work this week to more than double the operating size of North Yorkshire-based electronics specialist Mowden Controls.
Mowden has given the go-ahead to Koru to start work on creating an extra 650 square metres of work space to its operations on the Standard Way Industrial Estate in Northallerton.
Gateshead-based Koru is looking to grow its business further south after securing premises for a Middlesbrough office which is expected to open this summer.
The company says business is strong and expects to see revenues recover to around £9m this year. Tony Henderson, co-owner of Koru, said: “Mowden is a very ambitious company who have set out some very clear expansion plans, so we’re honoured to have been selected to help them with those.
“Having secured consistent projects beyond the region in the North, we’re very pleased that we have been able to expand Koru’s operations into North Yorkshire. We’re ambitious and hope this may be the first of many in this part of the world.”
Koru says the latest £800,000 project will secure 12 on-site jobs.
The contract is expected to give more space to Mowden, as it grows its electronic design and manufacture services to a range of specialist industry sectors across the UK and Europe.
Mowden Controls was established in 1965 and now supplies electronic solutions to a range of organisations across Europe in a number of industries, including instrumentation, measurement and control, medical and laboratories and the oil, gas and chemicals fields.
Clients include the likes of global giants such as Johnson Matthey. Work on the expansion is scheduled to be completed by October.
Mowden managing director Stephen Williams said: “The extension is the next stage in our growth plan. We have an optimistic view of the future and aim to be the best low-to-medium-volume electronic manufacturer in the region and we are creating the capacity to enable us to do that.
“We’re very pleased with the service offered so far by Koru and are looking forward to being able to move into our extended new unit later this year.”
Koru has enjoyed a successful start to 2012 and is under way with a number of projects across the North East, Scotland and now North Yorkshire.