Updated 9:14am 29 May 2012

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Team Valley Trading Estate News, Gateshead (Beta)

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

Search for oil and gas boosts Gateshead Responsive Engineering Group

A TYNESIDE engineering firm has unveiled plans to create 85 jobs over the next three years.Read

Gateshead firm Tolent sees revenue rise

CONSTRUCTION giant Tolent has reported a big jump in revenues which has showed a return to growth after three years of seeing its workload slide.Read

Hadrian Healthcare

Hadrian Healthcare boss unveils plans for growth

A CARE home operator hopes to increase revenues by a third as it invests another £15m increasing its chain of sites across the North of England.Read

North East manufacturers will be helped by new deal

A NEW service providing occupational health solutions for manufacturers has been launched by Collingwood Health and the Engineering Employers' Federation.Read

Vertu Motors expects to drive sales past £1bn mark

FAST-growing car dealership group Vertu says it will drive sales past the £1bn mark this year as it betters the UK motor market which is struggling with a lack of confidence.Read

Sainsbury planning to expand store on Team Valley

SUPERMARKET chain Sainsbury wants to expand one of its Tyneside stores in a move which it says could create 130 jobs.Read

Defence contract helps boost profits at Petards

SECURITY, defence and communications giant Petards is promising better-than-expected profits for 2011.Read

Petards poised for better than expected profits

TRANSPORT and defence security and communications firm Petards says its full-year profits will be better than the market expected.Read

Team Valley

First large industrial unit in four years is approved for Team Valley

THE region's largest commercial property landlord UK Land Estates has been given the go-ahead to build 200,000sq ft of much-needed new industrial space - with work expected to start within the next few months.Read

Dixons' shares rise despite latest fall in sales

CURRYS and PC World owner Dixons Retail has said it has outperformed its struggling rivals, despite further sales woe over the Christmas period.Read

Koru Property Services looking to build on its success

CONSTRUCTION group Koru Property Services has set out plans to build its fledgling minor works arm into a £1m- a-year division in the next 12 months after landing £400,000 of new investment.Read

Vertu Motors signs deal for Vauxhall business

ACQUISITIVE car dealership group Vertu Motors has wasted little time in securing its first purchase of 2012 after signing a £2m deal for a Vauxhall business.Read

Lex Autolease ex-chief joins board of Vertu Motors

FORMER Lex Autolease chief executive Nigel Stead has been appointed as an independent non-executive director at motor retailer Vertu Motors.Read

Petards Joyce-Loebl appoints new managing director

TRANSPORT and defence group Petards has appointed a new managing director at its Petards Joyce-Loebl business.Read

Mesma making the assessment process a lot easier

THE problem with many types of self-assessment is that they’re often another thing on an already-hefty pile.Read

Sevcon powering on after sales rise

ELECTRIC vehicle component maker Sevcon is back in the black after seeing sales jump by a quarter over the last year.Read

Carillion set for strong profits as North East jobs under threat

CARILLION today said it expects strong growth in its underlying earnings and profits, just days after it told its 1,000 North East staff they could lose their jobs.Read

De La Rue

De La Rue print switch will see 100 jobs for Tyneside

WORK from one of banknote printer De La Rue's factories in the South is set to be transferred to the North East and create up to 100 jobs, as the company pushes ahead with its plan to cut costs and improve efficiency.Read

Bank note printer De La Rue confident as sales rise

BANK NOTE printer De La Rue appears to be shrugging off earlier problems and seeing some results from its improvement plan.Read

Nigel Davison, managing director of Express Engineering

Express Engineering thanks staff with a pay rise

PRECISION manufacturing firm Express Engineering is to give all staff a 12.5% pay rise as a reward for boosting its fortunes.Read

Gateshead firm welcomes non-executive director

ONE of the UK's leading industrialists has joined the board of a growing Tyneside company. Gateshead-based International Innovative Technologies Ltd (IIT) has strengthened its management team with the addition of Juergen Maier.Read

Tony Sarginson

Business lobby group EEF slams UK energy policy

BUSINESS lobby group EEF has slammed UK energy policy for making Teesside manufacturers less competitive.Read

Vertu motor group reports profits dip

THE "challenging" economy has pushed down profits at Vertu, but the fast-growing motor group aims to exploit the situation by snapping up dealerships likely to become available because of the downturn.Read

Vertu Motors reports profits dip

FAST-GROWING motor dealership group Vertu today announced a fall in profits during what it said has been a challenging half-year with subdued consumer spending.Read

Fears for 120 jobs at Gateshead's Allied Bakeries

MORE than 100 jobs could be lost after bakery bosses announced plans to shut down production at their North East factory.Read

Speeding up production process at Integrated Packaging

A PACKAGING company which employs 400 people in the North East has invested a six-figure sum to install new equipment at its Gateshead factory.Read

Government criticised by Gateshead firm Traidcraft

THE Government has been accused of not dealing with the "climate of fear" among small suppliers by rejecting calls to beef up the proposed supermarket adjudicator.Read

Bespoke office accommodation provided for Scneider

ENERGY management giant Schneider Electric has taken offices at Queen’s Park in Team Valley, Gateshead, let by UK Land Estates.Read

United Carlton eyes turnover growth

IT and office equipment group United Carlton is growing its public sector work despite the spending cuts and has secured a place with the Northern Procurement Group to bid for more.Read

Defence company faces up to a 'challenging' market

TRANSPORT and defence security and communications firm Petards reported flat revenues and a slump in interim profits but said it still expects annual revenues to grow year-on-year.Read

New Town & City office opening in Gateshead

PROPERTY firm Town & City Management Limited is investing in Tyneside as it drives forward with ambitious plans to grow the business.Read

Gateshead firm Palintest shortlisted for award

A GATESHEAD manufacturing company has been shortlisted as one of the most improved companies in the UK, as part of the Institution of Mechanical Engineers’ Manufacturing Excellence Awards 2011.Read

Robert Forrester

Vertu dealership's expansion is unstoppable

CAR dealership Vertu Motors has snapped up another UK site as it continues its expansion drive.Read

Another dealership for Vertu Motors

FAST-growing car dealership company Vertu has added another Nissan dealership to the business.Read

Peter Bernard, Group managing director, Responsive Engineering

Responsive Engineering Group sees boost in key market

A SPECIALIST engineering firm has seen profits more than double after sales increased by 13.4% to £11.2m as it benefits from a surge of activity in its key market.Read

Training expert looking for national expansion

AN ambitious entrepreneur who has doubled the revenues of his business services firm in two years has his eyes on national expansion.Read

Traidcraft profits are up but confidence is falling

FAIR trade organisation Traidcraft has more than doubled profit after a shake-up which it says will enable it to not only grow sales but increase its charitable work.Read

Strong recovery for electric vehicle outfit Sevcon

ELECTRIC vehicle component maker Sevcon's recovery is continuing apace with its latest numbers showing continued strong sales and profit growth.Read

Northumbria University contract creates 30 new jobs

GATESHEAD builder Koru Property Services has begun work on its latest university contract in Newcastle, which is expected to create up to 30 jobs in the wider contract supply chain.Read

Car sales dip but Vertu confident

SALES of new and used cars are down as people continue to tighten their belts, according to Gateshead motor dealer giant Vertu.Read

NOV Mission Products UK

Profits double for NOV Mission Products UK

PROFITS have doubled at an oil and gas company just over two years since it was bought by an American firm, which says it will be making a major investment at its Gateshead site.Read

Express Engineering buys its rival out of administration

AROUND 40 jobs have been saved after a Tyneside engineering company bought a rival out of administration.Read

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