Updated 10:19am 29 May 2012

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Washington News, Tyne and Wear (Beta)

Banknote security firm's 'disappointing' 12 months

ANTI-COUNTERFEITING specialist OpSec Security has plunged into the red after a difficult 12 months of lower sales to international governments, and costs associated with a bid to take over the company.Read

'Disappointing' year for OpSec Security

ANTI-COUNTERFEITING specialist OpSec Security fell in to a pre-tax loss as revenues dipped during what the company said was a "disappointing" year.Read

Jones Lang LaSalle helps to site Nissan supplier SNOP

REAL estate services firm Jones Lang LaSalle played an important role in helping a French supplier to Nissan to expand its UK operation.Read

Software company signs six-figure deal for China

SOFTWARE specialist Datawright has signed a six-figure deal with a marine sector supplier in China as it explores new opportunities in the country.Read

Tanfield chief executive, Darren Kell

Tanfield order book up by nearly 300%

AERIAL lift specialist Tanfield reported an 11% jump in annual turnover and an almost 300% increase in its order book as growth returned to its markets.Read

200 jobs on the way at car parts maker Unipres UK

MOTOR vehicle parts maker Unipres UK is expecting to bring in another 200 staff in the next couple of years due to increased demand from clients including Nissan and Honda.Read

Rayovac invests an extra £1m in the North East

HEARING aid battery manufacturer Rayovac has invested an extra £1m in the North East as it steps up production of its new, mercury-free range.Read

Fastflow boss pledges cash to Nepal water initiatives

FOUR months after seeing how his company's donation had changed the lives of thousands of the world's poorest people, utility services boss Neil Armstrong has pledged a further £77,000 towards clean water initiatives in Nepal.Read

Jean-Francois le Bos of SNOP

Financière SNOP Dunois Group set to open Washington factory

AROUND 130 jobs will be created on Wearside after a French car part maker decided to open a factory to supply the Nissan motor plant.Read

OpSec firm buys Delta labelling in £12.5m deal

AN anti-counterfeit business is expanding its work preventing shops from selling fake branded clothing with its latest acquisition.Read

Thermal Resources Management aim to double revenue

TWO businesses which work together to make sensors for use in the most challenging environments are moving into bigger factories as they work to double revenues to £10m.Read

Tanfield chief executive, Darren Kell

Tanfield starts to recruit new staff

AERIAL lift maker Tanfield is to recruit around 130 staff within months as demand begins to pick up in the beleaguered overseas construction market.Read

Phil Franks of Franks Portlock

Franks Portlock moves to Washington premises after five years at Tedco

A GROWING asbestos and environmental consultancy is flying the nest and creating new jobs as part of its expansion.Read

Multi-million Chinese deal for Smith Electric Vehicles

THE US associate company of Washington cherrypicker maker Tanfield has signed a deal potentially worth £63m with a parts supplier.Read

Now Tanfield's US partner goes for a share placing

TANFIELD'S American associate company, which bought out the majority of its electric vehicle-making business, is aiming to raise around $40m (£25.4m) from a share placing.Read

Tanfield chief executive Darren Kell

Tanfield bid to ease supply problems

CHERRYPICKER maker Tanfield has raised around £12m from a share placing to help solve its supply chain issues and take its finances back into the black.Read

Tanfield share placing raises £12m

CHERRY picker manufacturer Tanfield has raised around £12m from a share placing.Read

Tanfield's order book continues to grow

CHERRY picker maker Tanfield says its order book is continuing to grow as buyers replace their old equipment after the recession.Read

Washington firm Opsec Security issues profits warning

BANKNOTE and anti-counterfeiting business OpSec has issued a profits warning on the back of what it calls an extremely difficult second half.Read

OpSec Security issues profits warning

BANKNOTE printer and anti-counterfeiting equipment maker OpSec Security has warned that 2011/12 profits will be well below last year’s level.Read

Record passenger numbers using Go-Ahead services

RECORD numbers of passengers are using Go-Ahead’s buses and trains, the public transport giant said today.Read

Tanfield to collect £3.5m final instalment of sale price

TANFIELD is set to receive a £3.5m cash boost from its US associate company, which took over the majority of its electric van-making interests at the start of the year.Read

Tanfield chief executive Darren Kell

Tanfield's order book grows by 170%

CHERRY picker manufacturer Tanfield's order book has surged by 170% as the market recovers after the recession but its supply chain is struggling to keep up with demand.Read

Knowledge IT is aiming to double its turnover

AN IT firm is aiming to double its turnover and create 20 jobs over the next three years as it looks to win new clients across the country.Read

Schemes bringing revival of fortunes to Washington

WASHINGTON was extremely active in terms of new residential and commercial/employment-related development during the 1960s and 70s under the guise of the Commission for New Towns and the Washington Development Corporation with the backing of government funding.Read

Washington roofing firm sets our plans to double turnover

A FAMILY-OWNED roofing firm has set out ambitious plans to double its turnover to beyond the £3m mark by launching a new construction division, which it hopes will build 100 properties in the next five years.Read

Datawright Computer Services quadruples its exports

SOFTWARE specialist Datawright Computer Services has quadrupled its exports after winning two big contracts for its latest product.Read

Prince Bishop vet Gemma Taylor

Prince Bishop Vets opens at pet boarding centre

A COUNTY Durham veterinary practice is expanding with the opening of a branch at a pet boarding centre.Read

Encore Envelopes sees sales grow by 5.9%

A COMPANY which makes one in 10 of all the envelopes sent in the post in the UK has managed to grow its sales and profits despite increased costs and the threat of the internet.Read

Rayovac's Divisional Vice President Vince Armitage

Battery firm Rayovac gets heard worldwide

HEARING aid battery maker Rayovac plans to grow its worldwide market share to 70% over the next two years as well as create jobs after investing £3m in its Washington headquarters.Read

Washington's OpSec bid period extended again

THE company trying to take over Washington security specialist OpSec has again extended its deadline for shareholders to get on board and back its £28m offer for the business.Read

Washington Waterjet records strong growth

AN engineering group that specialises in waterjet and laser cutting has recovered from its early losses to record strong growth.Read

Tanfield lifted by strong orderbook

CHERRY picker manufacturer Tanfield's order book has grown by a whopping 170% in the last six months.Read

Washington firm OpSec enjoys sales boost

ANTI-counterfeiting company OpSec, which is at the centre of a £28m takeover bid, has revealed a rise in sales it says shows it has overcome the effects of the recession.Read

OpSec Security

Washington firm OpSec announces strong results

ANTI-counterfeiting company OpSec, which is at the centre of a takeover bid, has reported strong sales and profits.Read

OpSec Security

New £28m offer for Washington firm OpSec

THE COMPANY aiming to take over anti-counterfeiting specialist OpSec has made a new offer after its first one didn’t win enough support from the Washington firm's shareholders.Read

Is the North East running out of industrial site space?

A MAJOR deal which has seen a fast- growing exporter acquire over 130,000sqft of prime industrial space has come with a warning that the North East is running out of key development sites.Read

Knowledge IT secures five-year cloud contract

THE PUBLIC sector experience of North East ICT solutions firm Knowledge IT has helped it secure a five-year contract with the UK Commission for Employment and Skills (UKCES).Read

Lianne Walker MBE, of Walker Filtration

Expansion plans for Washington firm Walker Filtration

AIR filter manufacturer Walker Filtration is to move into a new factory three times the size of its current base as it strives to double its turnover to nearly £45m.Read

Washington firm R-Tek boosted by Nissan success

NISSAN parts supplier R-Tek has had a successful 2010 with sales increasing by 35% to £64m and pre-tax profits almost doubling to £5.4m on the back of a record performance by the carmaker.Read

Washington-based OpSec Security agrees takeover

WEARSIDE anti-counterfeiting technology specialist OpSec Security Group has agreed a £28m takeover offer from investment company Orca Holdings.Read

Significant interest in Principle Leisure

THERE is significant interest from potential buyers in the assets of collapsed bar and restaurant chain Principle Leisure.Read

Jennings Ford

Jennings feels the effect of cuts uncertainty

NORTH East car dealer Jennings has recorded a fall in sales after falling victim to uncertainty over Government spending cuts in the second half of last year.Read

Washington-based Tanfield confident of further growth

TANFIELD is confident it is turning the corner and will shortly return to growth as its order book picks up after the blight of the recession.Read

Administrators called in to parts of Principle Leisure Group

A MAJOR North East bar operator has gone into administration although the jobs of its 300 staff may be saved with a number of potential purchasers lining up to buy the business.Read

Tanfield 'on the path to recovery'

TANFIELD, which sold off its electric van business at the end of last year, remained in the red but says the market for its aerial lifts is starting to recover.Read

North East golf Cube simulator heads to Spanish Open

A NORTH East events company has secured a deal to take its unique Cube golf simulator to the Spanish Open.Read

Unipres UK sees profits rise after Nissan deal

A WEARSIDE car parts manufacturer has seen a sharp rise in profits after picking up additional work from the nearby Nissan car plant and opening new facilities in Birmingham.Read

Jobs saved as Washington Display firm is bought

A MANUFACTURER of retail point-of-display material has been bought out of administration saving the jobs of its 62 staff.Read

Councillor John Scott

Social enterprise takes on cafe challenge

A SOCIAL enterprise which provides home care is moving into catering, and plans to roll out its new service across the North East. Read

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