THE tough economic climate has made it a testing time for many North East companies, but 2011 certainly hasn't been all doom and gloom, says Andrew Hebden.Read
ALMOST 100 staff were made redundant when Newcastle building company Dorin Construction went into administration. The company blamed the difficult trading conditions, and said that the icy winter weather had exacerbated the situation.Read
THAI firm Sahaviriya Steel Industries provided a huge boost for steelmaking in the region by announcing it was taking on the mothballed Corus plant in Redcar in a £291m deal.Read
THE Government confirmed its £4.5bn contract with Japanese firm Hitachi to build a new fleet of trains, which would bring at least 500 jobs to the North East.Read
THE JOURNAL was busy drumming up interest for its Let's Grow campaign, which aimed to bring together a consortium of smaller firms to bid for money from the Regional Growth Fund.Read
NISSAN announced it would be building its next model at its Wearside plant. The decision to build the replacement for the Qashqai in the region will safeguard the jobs of 1,500 of its 5,000 workers.Read
BUSINESS leaders were officially appointed to the North East Local Enterprise Partnership, which is designed to take on the region-supporting mantle of One North East.Read
THE North East was cleared to go ahead with a £200m enterprise zone, which is designed to create 7,000 jobs over the next decade using incentives for businesses along the A19.Read
THE Tyne and Wear Development Company celebrated its 25th anniversary, with chairman Paul Watson hailing the "thousands of jobs" created due to its influence.Read
THE Government announced it was selling Northern Rock plc to Sir Richard Branson's Virgin Money for £747m. The deal for the bank will go through on January 1.Read
RESEARCH commissioned by Coutts reveals the number of business owners prepared to consider a management buy-out (MBO) has tripled in the last three years, as entrepreneurs have had to consider all options in a difficult economic market.Read
IN January 2011 the Local Enterprise Partnership supported Tees Valley companies in a multi-million pound submission for a share of the first round of the Government’s Regional Growth Fund. Having been one of the first LEPs in the country to gain recognition for its cross sector unity and cohesive ambition, Tees Valley Unlimited put a stake in the ground and set the tone for the remainder of the year.Read
AS THE biggest independent supplier of IT business solutions to the public sector, Newcastle-based Orchard Information Systems has many reasons to be optimistic with growth forecast for this financial year despite the recession.Read
MCNULTY Offshore Construction has just completed the fabrication and pre-commissioning of a separator/chemical injection module to hang off the Marathon East Brae Platform.
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THIS year has been outstanding for Ford. Well- known in the region, Ford Aerospace Limited and Ford Component Manufacturing Limited specialises in the precision machining and pressing of components and assemblies for industries including the aerospace, defence and industrial markets.Read
