Tees Business #3 | Page 39

Serving the Teesside Business Community | 39 / STOCKTON NEWS Multi-million pound Stockton housing scheme opened by mayor T he completion of a £30m town centre housing development has been marked with a special opening. Stockton mayor Ian Dalgarno was the special guest at the event to celebrate the completion of Nursery Gardens, off Spring Street in Stockton’s town centre. The 110-home scheme is a partnership between Stockton Council, Dunelm Homes (Esh Group), the Homes and Communities Agency and Tees Valley Housing, which is part of the Thirteen Group. Residents were invited to come along to meet with representatives of the organisations who worked on the project and see a display showcasing the history of the area. Cllr Dalgarno said: “This area has been truly transformed and now offers a mix of good quality homes, just a short distance from the town centre. Nursery Gardens is the first of our regeneration-led schemes to formally complete and it is an excellent example of what can be achieved.” Stockton Council’s cabinet member for Environment and Housing, Cllr Mike Smith, said: “Creating clean, green and safe communities across Stockton Borough is at the heart of our regeneration schemes. Nursery Gardens shows what we are striving to achieve – different types of homes suiting a range of budgets.” Martin Hawthorne, director of Development and Regeneration at Thirteen Group, said: “This is an invaluable regeneration scheme that has created a new neighbourhood at the heart of Stockton-onTees. “We are proud to be part of this project, which demonstrates what can be achieved through an effective partnership between organisations that share the same goal of creating new homes and improving communities.” ICONS INVEST £120K Record turnover as workforce doubles Precision plastic injection moulding firm Icon Plastics has expanded its capabilities by investing £120,000 in new machinery. The latest investment by the ambitious company has involved buying five machines including the replacement of two older presses. Among the newly-installed devices is one twin-shot machine that enables components to be manufactured from two different types of material or in two different colours. Icon Plastics has invested more than £1m since it moved to new premises at Durham Lane Industrial Park, Eaglescliffe, in 2014. It has customers in a range of sectors including electronics, agricultural, healthcare and medical, construction, defence and automotive, and now has 22 moulding machines. Building and construction firm RPD Builders has cemented its future by doubling its workforce on the back of achieving record turnover. The Billingham-based firm, which operated with just two members of staff during the difficulties of the recession, now employs 12 people after welcoming six new recruits. Jeremy Speke has joined as project manager where he will oversee the company’s ongoing construction jobs, with Alan Kernan and Anth Hyndman both training to become site supervisors through the National Safety Passport Supervisor Course. In addition, Katie Davison has been appointed to the role of client liaison officer and Nathan Tonks and James Dodsworth have been taken on as electrician and bricklaying apprentices, respectively. The appointments follow RPD Builders hitting the £1m turnover mark, which has been fuelled by a number of significant contract wins. WYNYARD FIRM’S SIXFIGURE WINDFALL Wynyard-based review platform Smart Money People has secured a six-figure investment just nine months after launching. Founded by Michael Fotis (pictured) in 2014, Smart Money People is the UK’s only customer experience and review platform focused on the financial services industry. The fast-growing start-up has already attracted a number of financial businesses across the insurance, banking and alternative finance sectors. It has now secured financial backing from Northstar Ventures and the TwentyThreeMiles Fund. Nortech expands to Aberdeen Wynyard-based professional engineering design and project management company Nortech Group has expanded its operations with the opening of a new office in Aberdeen. With offices in North East England and now North East Scotland, the award-winning company will be able to better serve its client bases in these two key industrial regions. Based on Riverside Drive, Nortech will continue to service its existing Aberdeenbased clients in the oil and gas sector while also building its presence in the Granite City in established and new markets. From its Teesside base, the company has successfully expanded its engineering design, management consultancy and staffing search and selection services beyond the oil and gas sector. TEES BUSINESS We’re already working on the next issue of Tees Business, due out late November, with space available from £195 (quarter page), £345 (half page), £595 (full page) and £995 (double page spread). Call us today on 01642 450255, or email info@teesbusiness.co.uk