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Tekmar Energy is to expand its Newton Aycliffe-based marine engineering with a new 90,000 sq ft site, and is looking to create up to 50 jobs.
Tekmar Energy is planning to set up a new subsea cables site in Aberdeen over the next year, with the creation of up to 50 jobs.
Tekmar is to invest £1m in the expansion of its subsea protective cabling facilities in Newton Aycliffe, with the creation of 30 jobs.
Tekmar Energy, the Newton Aycliffe-based supplier of sub-sea cable protection systems, has undergone a management buy-out backed by Elysian Capital.