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Tuesday, 16 October 2007, 14:33 GMT 15:33 UK

Auto firm confirms £2m expansion

Almost 70 new jobs are being created on Teesside with the £2m expansion of a automotive firm.

TMD Friction UK Ltd is adding 68 jobs to its 296 workforce in Hartlepool.

The firm, which has been in the town since 1984, secured a £249,000 grant from regeneration agency One NorthEast to bolster the £2m expansion project.

The investment will help increase the production of brake pads, for domestic and motor racing cars, from 20 million to 25 million a year.

Gerard Doyle, TMD managing director, said: "By investing in new machinery, we can increase plant capacity and create more opportunities within the region.

"This will have a great impact on the future development of our site."

Ian Williams, director of business and Industry at One NorthEast, added: "It is really important to help keep this type of manufacturer in the region, and indeed the UK."




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Related to this story:
Plans for £2bn crude oil refinery (10 Oct 07 |  Tees )
Objection removed to port plans (17 Sep 07 |  Tees )
Offshore firm in £1m jobs boost (14 Aug 07 |  Tees )

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