According to a statement, Kirkdale 2000, a North Tyneside-based steel rotational mould tool maker, is expanding its North Shields operation in a £70,000 project that will see the company to create five new posts for sheet metal workers and purchasing new welding equipment, a crane, fork lift and some compressors.
In order to fund a part of the project, the Regional Development Agency has therefore offered the company a Grant for Business Investment of £20,000.
The company, which was started its activity nine years ago by Managing Director Andrew West and joined later by technical director Mr Robert Witherspoon, now employs 14 people.
MD Andrew West was reported as saying: “We are seizing the opportunity to increase our capacity to ensure the company is in a strong position to take advantage of the economic upturn and bid for more contracts, which we currently would struggle to fulfill.
“This investment will ensure the company is capable of fulfilling quick delivery demand are vital for are customers in the offshore industry”.