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A World of Opportunity 29491 Mipim Brochure AW 19/10/2015 15:49 Page 2 29491 Mipim Brochure AW 19/10/2015 15:49 Page 1 Tees Valley A world of opportunity 29491 Mipim Brochure AW 19/10/2015 15:49 Page 2 Invest in Tees Valley Tees Valley has a world-class reputation for delivering already taking advantage of what is on offer in large-scale projects across key sectors, such as Tees Valley. There are excellent road, rail, air and Offshore, Oil and Gas, Advanced Manufacturing, sea connections, which include a deep-water port, Engineering, Chemicals and Processing, Automotive international airport, extensive passenger and freight and Aerospace, Logistics, Renewables and Digital. rail network and some of the least congested roads in the country. Tees Valley is a world renowned industrial centre with an established history and expertise within our key sectors. The area’s long heritage and industry expertise means This gives us a competitive advantage over many other that there is a ready-skilled, affordable workforce areas and has helped attract over £1.3 billion of capital available to businesses looking to invest in Tees Valley. investment since 2011. It is one of the most loyal and dedicated workforces, with staff turnover rates one of the lowest in the country. Tees Valley’s main advantage over other UK and global Tees Valley is also one of the most fertile places for locations is its low operating costs. Tees Valley is developing talent, with the ever-expanding Teesside undoubtedly a cost-competitive location, with rents and University home to 20,000 students, a large proportion rates around half of most major cities, and a quarter of of which study manufacturing and engineering courses. those in London. This, combined with competitive wage rates, and financial incentives available on sites and One thing that really makes Tees Valley stand out as a premises, make it a great location for new investment forward-thinking business location is the way the area or expansion. looks after its businesses. Tees Valley Unlimited (TVU) Tees Valley has a first class infrastructure, and many have a Business Investment team with a strong track companies have already chosen to locate in the area. record of attracting investment into the area and are Major global players such as SABIC, BP, Huntsman, on hand to offer the best possible support and advice ConocoPhillips, Amec Foster Wheeler, Jacobs to help potential inward investors locate to an area with Engineering and Mitsubishi already operate from sites immense possibilities. TVU work alongside local and within Tees Valley. From world-class OEM’s to leading national organisations to ensure that our businesses tier-one suppliers, there are hundreds of businesses are given the opportunities to grow to the next level. Tees Valley 2 Tees Valley A world of opportunity 29491 Mipim Brochure AW 19/10/2015 15:49 Page 3 n Total of £1.346 billion capital n Investment of £764 million in expenditure in Tees Valley since Enterprise Zone projects since 2011 2011 (that’s £6.5 million a week!) n Over 8,000 jobs secured since 2011 n £174 million of investment secured through schemes like the Local Growth Fund, which will deliver projects across the area up until 2021 Rail manufacturing returns to its birth place Hitachi Rail are bringing rail manufacturing back to commuter trains for Scotland, will be the North East with a new £82 million Rail Vehicle manufactured. This massive investment shows Manufacturing Facility recently opened in Newton a confidence in the area and in the strength of its Aycliffe. The facility is where the Government’s new growing economy. Investment of this kind will have InterCity Express (IEP) trains for the East Coast a huge impact locally bringing with it a wealth of Main Line and Great Western Main Line, and AT200 opportunity for the supply chain. Tees Valley A world of opportunity 3 29491 Mipim Brochure AW 19/10/2015 15:49 Page 4 Oil and Gas Tees Valley is a key centre for the oil and gas sector in SUBSEA North East England, which has produced more than 70 per cent of the oil platforms and heavy engineering for The UK’s major sub-sea service providers are all the North Sea. resident in Tees Valley, which they chose for its prime geographic location and the support services within the Tees Valley’s deep water ports make it ideally located for region. This has created a hub of expertise operating servicing the North Sea and offshore industries. The area globally in the renewables, oil and gas and can offer expert offshore fabrication facilities and prime telecommunication sectors, including sub-sea land availability and is also home to the world’s largest ROV (remotely operated vehicles); cable-laying and cluster of subsea cabling and trenching companies. cable-trenching capability Tees Valley boasts one of the world’s greatest concentrations of companies operating in the offshore DECOMMISSIONING oil and gas, subsea, decommissioning and offshore wind sectors. Tees Valley has many advantages to offer the offshore decommissioning sector. With more than 500m of With one of the most complete and integrated supply available quay side, and depths ranging from 9-11m, chains anywhere in the UK, support for businesses is we can offer an “oven-ready” solution to the offshore already on hand, making Tees Valley the perfect place industry. to invest. OFFSHORE WIND OIL AND GAS FABRICATION Offshore wind presents a wide range of exciting With its long history of offshore engineering, Tees Valley opportunities in the Tees Valley, with real potential for has many expert fabrication companies in the offshore growth. The region already boasts a potential supply sector, providing a full supply chain solution from chain of more than 400 companies, employing over conception to delivery (including operations and 20,000 people and there are 160 Tees Valley firms already maintenance, skills and training). directly involved, or actively interested, in the sector. Who’s Here? n Hereema n ConocoPhillips n Tracerco n Amec Foster Wheeler n Darchem Engineering 4 Tees Valley A world of opportunity 29491 Mipim Brochure AW 19/10/2015 15:50 Page 5 Advanced Manufacturing and Engineering Tees Valley is at the forefront of engineering and Support groups like Teesside Engineering Network are manufacturing developments thanks to its rich heritage on hand to help champion engineering companies in and tradition in this sector. With several hundred years the area. They provide a forum for engineering and of manufacturing and engineering excellence, the manufacturing companies to learn about local projects, foundations are laid for a successful and thriving meet with other businesses in the supply chain and industry. present opportunities for face to face networking. Tees Valley is home to a large, successful cluster of advanced manufacturing and engineering businesses operating across all industries, from aerospace and Shaping the World automotive to renewable energy and chemicals. The strength of manufacturing in Tees Valley is due to the Tees Valley companies helped build Canary Wharf process, offshore and energy sector, which form the and Wembley’s famous arch. From the Hong Kong heavy industrial economic base of the area. Convention Centre, to the New World Trade Centre in New York, Tees Valley companies have been involved in shaping our world. Who’s Here? n Cleveland Bridge n Amec Foster Wheeler n Cordell Group n Hertel n MTE Ltd Tees Valley A world of opportunity 5 29491 Mipim Brochure AW 19/10/2015 15:50 Page 6 Chemicals and Processing Industries such as chemicals, biofuels and oil-refining contributes £2.2 billion a year to gross value added to are at the centre of the industrial heartland of the area. Tees Valley. Tees Valley is home to the largest integrated chemical n Tees Valley is home to 58% of the complex in the UK, and the second largest in Western UK’s chemical industry Europe in terms of manufacturing capacity. n North East England process All types of chemicals are represented, from petroleum processing and hydrocarbon separations activities industries contribute £26 billion through to petrochemical manufacture and fine and to the UK economy specialty chemicals to pharmaceutical intermediates and actives. Our chemical industry is concentrated across a Who’s Here? relatively small geographical area, and as such enjoys a well-developed infrastructure. The three main sites n SABIC of Wilton International, Billingham and Seal n Sands/North Tees run approximately 12 miles east INEOS to west either side of the River Tees and are home n Growhow to some major international companies, such as Huntsman, INEOS, SABIC, GrowHow and Sembcorp. n Johnson Matthey More than 1,400 companies are directly involved in the n Huntsman chemicals and process industry and its supply chain in Tees Valley, the sector exports £12 billion of product and 6 Tees Valley A world of opportunity 29491 Mipim Brochure AW 19/10/2015 15:50 Page 7 Automotive and Aerospace Many major automotive players have already chosen Tees Valley and the wider North East to locate their business. From passenger car manufacturers to heavy off-road vehicles, the area is host to a number of world-class OEMs and tier-one suppliers. With some of the most efficient production facilities in the world, the North East has proven that it has the skills, assets and public sector support to continue growth of Tees Valley’s automotive industry. Tees Valley is home to some of the best and most productive automotive facilities in the UK. The area is innovative and forward thinking, helping it to maintain its position at the leading edge of developments in this sector. Tees Valley has a vibrant aerospace and defence supply chain, which includes innovative companies delivering services from aircraft recycling, overhaul and repair Recent successes include: through to manufacturing insulation systems for leading OEMs and providing internationally-renowned July 2015 fire training.
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