Updated 9:56pm 23 May 2013

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Team Valley Trading Estate News, Gateshead (Beta)

Vertu Motors ditches heavy truck operation

GATESHEAD-based motor group Vertu has sold its heavy truck arm of the business, generating around £1.5m for the group. Read

Gateshead company Sevcon hands student a tuition fee lifeline

ELECTRIC vehicle component-maker Sevcon has handed a £25,000 tuition fee lifeline to a Northumbria University student ... along with a guaranteed job on graduation.Read

NCS Construction & Retail Services expects to double turnover to £20m

AN ambitious recruitment firm has revealed plans to reach a target turnover of £20m within five years after expanding its services with help from investment cash. Read

Digital firm Media-works is growing overseas

DIGITAL marketing firm Media-works has landed a contract with global money exchange giant Travelex to help it grow its international presence.Read

The Original Sofa Company announces China export plans

A SOFA company is looking to sell one of its most iconic product lines to China and open a trendy London store as it targets sales in excess of £1m in 2013. Read

Grant enables All Good bread firm to get baking

A START-UP snack and bread company has begun production after securing a £1.5m in funding for vital equipment.Read

Apprentice secures job at Express Engineering

APPRENTICE Amy Halpin has secured a full-time job after completing her first year's training. Read

Express Engineering scoops top national manufacturing award

A TYNESIDE manufacturer's strong growth has helped it to scoop a top national award in recognition of its drive for expansion. Read

De La Rue reaches its 200th anniversary

IT started in the Channel Islands 200 years ago today - now it prints bank notes for around 150 countries worldwide and employs 450 people at its biggest UK bank note factory in Gateshead. Read

Protector Group set for expansion after Lord Stevens buys more shares

SECURITY company Protector Group is on the verge of a major expansion after former Metropolitan and Northumbria Police chief Lord Stevens took a controlling interest in the firm.Read

Football shirt maker Toffs follows French trend

RETRO football top maker The Old-Fashioned Football Shirt Company (Toffs) has added a certain je ne sais quoi to its shirts following Newcastle United's January splurge on French players.Read

Dickinson Dees completes deals for Vertu Motors

LAW firm Dickinson Dees has completed a trio of deals for Tyneside car sales giant Vertu Motors.Read

Zodiac Training founder receives support from RMT and Ward Hadaway

THE founder of a successful North East workplace training provider received support from RMT Accountants and Ward Hadaway law firm in finding the right buyer for her business.Read

Vertu Motors takes over Yorkshire dealership

MOTOR dealership Vertu today announced its second acquisition of 2013.Read

Jobs follow expansion for marketeers Mediaworks

A DIGITAL marketing firm is on course to double its workforce since moving into bigger premises after securing £200,000 via The Journal's Let's Grow campaign.Read

Vertu Motors buys up £4.3m stake in Cumbria

VERTU Motors is spending £4.3m to buy two dealerships that take the fast-growing group into Cumbria for the first time.Read

Vertu Motors snaps up Carlisle dealerships

EXPANDING motor group Vertu welcomed the New Year by snapping up two more dealerships.Read

Vertu Motors buys three more Honda dealerships from Springfield Cars

VERTU Motors has become the UK's biggest Honda dealer after buying three more dealerships from Springfield Cars. The Gateshead-based business is paying £3.7m for the trade and assets of the dealerships in Newcastle, Sunderland and Durham.Read

Traidcraft chief Paul Chandler leaves role after more than a decade

THE man responsible for more than doubling sales at the UK’s leading fair trade organisation has stepped down after more than a decade in charge.Read

Vertu Motors snaps up three more dealerships

FAST-growing car dealership group Vertu Motors has bought three Honda dealerships in Newcastle, Sunderland Durham in a £3.7m deal.Read

De La Rue chief: More work heading to the North East

BANK note printer De La Rue yesterday promised further investment and more jobs at its Gateshead plant as it unveiled a rise in half-year turnover and profits. Read

Petards raises £1.12m from share placing

SECURITY and surveillance system manufacturer Petards has raised £1.12m from a share placing.Read

Traidcraft chief executive joins board of Engage Mutual

FAIR trade expert Paul Chandler has been appointed to the board of Engage Mutual.Read

Petards share placing raises £1.12m

SECURITY and surveillance system developer Petards has completed a share placing that has raised £1.12m.Read

Ailing Comet set to shed more jobs

NEARLY 50 jobs on Tyneside are to be lost in the latest round of redundancies announced by stricken electricals chain Comet.Read

De La Rue set for improved profits

BANK note and anti-counterfeiting specialist De La Rue is expecting a slight jump in sales and profits when it publishes its interim profits.Read

Olympics help Protector Group beat the recession

A SECURITY firm is bouncing back from the recession after making significant inroads into major sporting and entertainment venues around the world.Read

Royal Mail plan is set to create 50 jobs in North East

AROUND 50 new jobs are expected to be created on Tyneside as part of £75m investment by the Royal Mail Group in its parcels business. Read

Access Training says apprenticeships on rise

A NORTH East training provider says it has seen an 80% rise in apprenticeships being offered by local businesses compared to last year.Read

Newcastle firm Vertu Motors drives up sales

RAPIDLY-growing motor dealership group Vertu say sit expects to beat market expectations for the full year after a strong first half.Read

House builder Bellway builds on strong results

HOUSE builder Bellway today reported a strong set of annual results, driven by demand from buyers in the South of the country.Read

International honours for Vertu Motors boss Robert Forrester

THE boss of the region’s fastest-growing motor dealership chain has won international recognition.Read

Vertu Motors takes over more franchises

FAST-GROWING motor retailer Vertu has taken over six franchises from the Cooperative in a £5.5m deal.Read

Benson Group packaging factories set new production records

TWO North East packaging factories have set new production records as they deal with "unprecedented" amounts of work.Read

Petards bid to raise cash being jeopardised

SECURITY and surveillance systems developer Petards' bid to raise cash by issuing shares is being jeopardised by one of its major shareholders.Read

Gateshead firm Sevcon powers up with Renault Twizy

ELECTRIC and hybrid vehicle specialist Sevcon hopes its crucial role in the development of Renault's new electric city car will create further inroads into the rechargeable vehicle market.Read

Neuro Partners founder leave company to focus on projects

NEURO Partners founder Jonathan Wade says he feels "refreshed" after leaving the company to focus on university projects last year.Read

200 new jobs planned for Neuro Partners

A NORTH EAST care provider is recruiting 200 staff this year after moving into new regions and picking up new contracts left behind by cuts in the public and private sectors.Read

Responsive engineering firm to create 40 jobs

FAST-GROWING engineering firm Responsive is investing in the latest laser-cutting technology.Read

Revenue up but profits down for NOV Mission

OIL field products manufacturer NOV Mission Products UK has reported an increase in turnover of more than £10m in 2011, but that profit is down by a similar amount.Read

Express Engineering investing £1m in Brazilian venture

A GROWING manufacturing company has just launched a £1m expansion of its South American joint venture which makes pipes for the oil industry.Read

Banknote printer De La Rue in profits and revenue rise

BANKNOTE printer De La Rue has revealed a 73% rise in profits as it ploughs tens of millions of pounds into its North East factory.Read

De La Rue chases £100m target

BANKNOTE printer De La Rue today reported a strong rise in revenues and operating profits and said it is on target break through the £100m operating profits target in 2013/14.Read

Licensing deals for retro footy shirt firm TOFFS

RETRO football top maker The Old-Fashioned Football Shirt Company (TOFFS) has signed two major licensing deals and is looking at the Japanese market in what is proving to be a busy year.Read

Vertu Motors Plc

Vertu Motors boss casts doubt on double-dip

THE BOSS of rapidly expanding Vertu Motors says his experience of the current market throws doubt on the official statistics that the UK has entered a double-dip recession.Read

Lucrative US export deal for fair Traidcraft cereal bar

FAIR trade firm Traidcraft is looking to double production of its popular cereal bars after securing a lucrative export deal to the United States.Read

Noble Organisation sells bingo halls to rival outfit

GATESHEAD gaming company the Noble Organisation has sold three of its bingo venues, including one in Redcar, to rival operator Marwyn Gaming.Read

Express Engineering continues its expansion

A THRIVING North East engineering company is continuing its expansion, leasing new premises close to its Gateshead base.Read

Vertu Motors will boost sales team

FAST-GROWING car dealership group Vertu is creating 19 jobs at its support centre in Gateshead to handle sales enquiries from customers nationwide.Read

Sevcon teams up in automotive market

ELECTRIC and hybrid vehicle specialist Sevcon has revealed it played a crucial role in the development of Renault's new electric city car.Read

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