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Whessoe Oil & Gas is planning to triple the 60-strong workforce at its Darlington-based engineering business over the next five years, having just been acquired by Samsung.
Whessoe Oil & Gas has confirmed plans to relocate its headquarters to the Morton Palms business park in Darlington in October, securing the future of more than 135 jobs.
Whessoe Oil & Gas is looking to relocate its 200-strong workforce to an alternative location in Darlington, as the lease on its Brinkburn Road site expires later this year.
Whessoe is buying AG Marvac, the supplier of vapour control products to the petrochemical industry, for £2.7m.