North East engineering firm set to boost production with £1.4m grant
A North East engineering firm has acquired a new site with the help of a £1.4m grant signed off by the Tees Valley Mayor.
Wilton Universal Group, which works in the renewable energy, defence, logistics, offshore and oil and gas sectors, has acquired the site at Haverton Hill in a multimillion-pound deal with EEW Group
The 58-acre manufacturing facility, which sits alongside Wilton’s current Port Clarence base, will create a combined 112-acre site, with the potential for up to 200 new jobs at the firm.
The site will be used for projects in the clean energy sectors such as offshore wind, tidal and hydrogen, as well as a growing number defence contracts. The size of the site will also increase the firm’s logistics and storage capability.
Bill Scott OBE, chief executive of Wilton Universal Group, said: “This significant expansion of our facilities will create the capacity to secure more work in key markets.
“We have a strong pipeline of opportunities in the defence industry, but we are also confident that we can utilise this additional facility to deliver more complex fabricated structures for the offshore renewables sector, given the chance.
“This transaction also supports the long-term sustainability of our business and the role it has to play in Teesside’s exciting industrial future.”
Ben Houchen, Tees Valley Mayor added: “This expansion is fantastic news and means that Wilton can go even further in securing work to support many of our key sectors, such as our ever-growing offshore sector.
“I’m delighted our grant could help Wilton go ahead with this game-changing expansion. Not only will it help the business grow, it will create 200 good-quality, well-paid jobs and act as a beacon for other businesses looking to invest in our Teesside Freeport, the biggest in the UK.”
Wilton Universal Group was further supported by finance from FW Capital and legal advice from Muckle LLP.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our daily bulletin, sent to your inbox, for free.
How businesses can reduce workplace safety risks with custom solutions
Tech firm unveils jobs plan after £530,000 backing
SMEs urged to think big at Newcastle event
B Corp is a commitment, not a one-time win
Government must get in gear on vehicle transition
A legacy in stone and spirit
Shaping the future: Your guide to planning reforms
The future direction of expert witness services
Getting people into gear for a workplace return
What to expect in the Spring Statement
Sunderland leading way in UK office supply market
Key construction developments in 2025