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Romag is creating 20 new jobs at its specialist glass manufacturing operations in County Durham.
Romag, the County Durham-based specialist glass manufacturer with 160 staff, has been acquired by Gentoo of Sunderland in a pre-pack administration.
Romag is looking to acquire 200,000 sq ft of land at its site in Consett to build a new specialist glass production plant, in addition to the production lines currently being installed.
Romag is to create up to 40 new jobs at its specialist glass manufacturing business in County Durham next year.
Romag of County Durham is to raise £7.7m in a share placing to fund the development of two new photovoltaic glass production lines by summer 2008.
Romag is to launch a recruitment drive for an unspecified number of staff to operate a new solar power-generating glass production line due to open at its factory in Consett this summer.
Romag is to raise £8m in a flotation on Aim, in order to fund the development of a production line for photovoltaic glass.