category Commercial Developments
client Transmission Dynamics/Ryder
project value £4.8M
Transmission Dynamics in Cramlington has announced a £4.8m expansion of their facilities with a new hybrid office, warehouse and engineering facility to accommodate it’s expanding team, including 50 new jobs.
The expansion has secured a £500,000 grant from the North of Tyne Growth Fund (NTGF), in hopes that this new facility will afford Transmission Dynamics the physical capacity, specialist facilities and resources needed to scale up their manufacturing and deployment capabilities. As well as support from Advance Northumberland, whose aim is to support economic development in the county.
The building will be a £2.3m construction project, which the £500,000 grant will help to fund. With a further £1.8m investment in plant and machinery, Transmission Dynamics expects to invest £4.8m in the project – a significant investment in its business and the region.
New jobs generated