Partner Article
Tharsus engineers its future
An engineering and manufacturing firms is investing £1m into a new site in a bid to create 15 new jobs over the next 12 months.
Tharsus has now purchased new machinery and a 31,000 square foot site which will house the assembly of the fully finished items.
The new factory is only 400 metres from one of Tharsus’ current sites in Blyth Riverside Business Park and sits on almost four acres, and the firm believes this will make further expansion in the future straightforward.
Tharsus managing director, Brian Palmer, said: “We are thrilled to have completed the deal on the new site as it is in the perfect location and has masses of room for future development.
“We feel really gratified having worked our way through a tricky recession to now be growing into new marketplaces and achieving new bigger contracts.
Tharsus secured a deal on the vast site, which has previously been empty for three years, thanks to a £245,000 GBI grant from One North East.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy