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Exwold Technology

Exwold Technology has secured a £1m investment to expand its chemicals manufacturing operations in Hartlepool and Billingham, including a new compaction plant and an increase to the 60-strong workforce.

Exwold is planning to set up a new 8,000 sq ft crop protection chemicals plant on the Queens Meadow Business Park in Hartlepool, and also hopes to open a factory in Brazil.

Exwold Technology, the Hartlepool-based agrochemicals company with 65 staff, has undergone a management buy-out, and has also announced the acquisition of Woking-based Crack Processing.