Updated 7:11am 29 May 2012

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Heighington Lane Business Park News, Newton Aycliffe (Beta)

Filtronic on track to meet its full-year targets

FILTRONIC expects profit and revenues for the full year to match market exp- ectations after a good spell for both its broadband and wireless businesses.Read

Tekmar Energy expects to see revenues rise by 50%

A PIONEERING engineering company supplying the offshore windpower industry expects to see its revenues rise by 50% this year as it wins more work worldwide.Read

Build on foundations of business at event

CONSTRUCTION professionals will be able to talk business with organisations such as Gentoo, Hanson Contracting, Vela and South Yorkshire Police at a County Durham event this month.Read

Filtronics establishes stronger foothold in American market

ELECTRONICS company Filtronic has launched new products and secured more customers as it establishes a stronger foothold in the lucrative US market.Read

Sales up at Filtronic but losses widen

ELECTRONICS company Filtronic increased turnover but its losses also rose in the six months to the end of November.Read

Turnover and losses both up for Filtronic

MOBILE technology firm Filtronic increased turnover but its losses also rose in the six months to the end of November.Read

Durham Precision Engineering assist telescope project

THE team working on the world's largest radio telescope have called upon the skills of a County Durham firm to design and test components for the £1.26bn project.Read

Newton Aycliffe Hitachi train factory signed and sealed

THE £4.5 billion contract for the proposed Hitachi train factory at Newton Aycliffe is now 99% signed and sealed, the manufacturer said yesterday, as the Government confirmed the deal would finally be rubber-stamped within a matter of weeks.Read

Tekmar workers assembling a power cable

Private equity fund seals Tekmar deal

A COUNTY Durham company which makes components for the fast-growing offshore wind sector has been snapped up by a private equity fund in a deal believed to be worth between £20m and £30m.Read

Revenues double at Durham firm Tekmar Energy

New figures from the County Durham company show revenues for 2010 – only its second full trading year – came in at £7.7m compared to £3.3m in the previous 12 months.Read

Top honour for HPM Group on Uefa football programme

A NORTH-EAST company which says it is in the top flight of football programme producers has been called up for one of the biggest fixtures in the European calendar.Read

Filtronic confident despite mounting losses

ELECTRONICS company Filtronic's annual losses have risen sharply but the business is confident its foothold in the US market will lead to a strong recovery this year.Read

Electronics firm Filtronic sees losses mount

ELECTRONICS business Filtronic saw its annual losses mount as its revenues remained flat at £15.5m.Read

Newton Aycliffe firm Filtronic cuts job numbers

ELECTRONIC firm Filtronic saw shares fall further after saying it expected to see revenues decline in the short term, but highlighted its solid future growth prospects.Read

Tekmar Group enjoys its most profitable year

THE Tekmar Group, which works with subsea and offshore renewable energy, has just completed its most profitable year.Read

Amazon Park hosts Hitachi train building facility

THE new Hitachi train assembly plant will be built on a greenfield North East industrial estate - which is also close to landing a second major pre-let.Read

Gary Ritchie-Bland, managing director

Faverdale has one unit left after Tekmar move

ONLY one unit remains at a speculative industrial development after fast-growing engineering company Tekmar acquired 20,000sq ft to accommodate its growth.Read

Tekmar workers assembling a power cable

Special cable system pays off for Tekmar

SUBSEA engineering specialist Tekmar is on a rapid growth curve with revenues trebling to £15m following the successful launch of its patented, offshore wind power technology.Read

Beleaguered Filtronic's shares sent plummeting

SHARES in electronics firm Filtronic have plummeted after the business slipped into the red and warned that the sale of a key customer to a rival business could cost it dearly in the second half of 2011 and into next year.Read

Electronics company Filtronic slips into the red

ELECTRONICS company Filtronic has slipped into the red and warned that the acquisition of a key customer by a rival firm will have a potentially adverse effects on business.Read

Electronics company Filtronic confirms deal

ELECTRONICS company Filtronic has completed its acquisition of Leeds-based Isotek, it has been confirmed.Read

Fittings company ALM Products is forging ahead in new markets

A BUSINESS that makes fittings for furniture plans to add £2m to its turnover and create jobs after entering a number of new markets and investing £500,000 in its production line.Read

Filtronic orders down - but firm's optimism high

WIRELESS communications firm Filtronic is looking forward to ramping up production by 50% next year despite a plunge in its finances for the first half of this financial year.Read

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