Costain expansion boosts process sector
ONE of the world’s leading engineering and construction companies gave a massive vote of confidence in the Tees Valley process sector today by announcing the opening of its first North-east office at Stockton.
Costain, which has a £1bn turnover, said its Energy & Process business would create 30 jobs in the town as it looked to expand its business on Teesside.
The company said it had been attracted by the region’s strong energy and process industry cluster and the availability of highly skilled workers and hinted there would be more investment to come.
The office on Preston Farm Industrial Estate will provide engineering services for new facilities and revamps including conceptual design studies, front end engineering design and engineering procurement and construction. The division also provides maintenance and turnaround management services.
Peter Laing, general manager for the new Teesside operation, said, “We’ve chosen to invest in the North-east for good reasons, it has tremendous potential.”
“We’re confident the region will be at the forefront of the massive investment needed to develop the new energy and process technologies that are required to underpin the economic and environmental security of the UK.”
Mark Lewis, technical manager for the North East Process Industry Cluster which works to attract inward investment, said: “The investment Costain is making in the Tees Valley demonstrates the position and reputation the area’s energy and process industries have in the marketplace.
“These sectors are at the heart of the long-term future for the area and for the UK. Costain’s decision shows that the work being done by organisations, including NEPIC, to attract investment is having an effect.”
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