Serving the Teesside Business Community | 89
/ REDCAR AND CLEVELAND NEWS
£167M AND 1,700+ JOBS FOR
MIGHTY REDCAR – REPORT
A new Special Economic Area (SEA) will
be established over the 4,500-acre South
Tees Development Corporation site –
which incorporates the former Redcar SSI
steelworks. The UK’s first SEA will give
Tees Valley mayor Ben Houchen and the
Development Corporation board the powers
to retain business rates to reinvest in
developing more of the site, reducing the
ask of local taxpayers.
#TalkingUpTeesside
R
edcar and Cleveland welcomed a
staggering 3.74 million in 2017, spending
£167m and supporting more than 1,700
jobs throughout the borough.
The latest figures (for 2017), calculated by
Global Solutions on behalf of the Tees Valley
Combined Authority, revealed:
• 3.74 million people visited Redcar and
Cleveland – an increase of 5.6% from
2016
• £167m spent on tourist related activities
– a further increase of 5% on 2016
• 1,749 people directly employed in
tourism – an increase of 4%. When
indirect employment in the supply chain
is taken into account total employment
stands at 2,197, up by 4.5% on 2016
• 4.18 million ‘visitor days’ – a further
increase of 5% on 2016
• 327,000 overnight visitors, representing a
£50 million spend – an increase of 2.7%
on 2016
• 3.4 million day visitors, representing a
£118 million spend – an increase of 6%
on 2016
• The Food and Drink sector accounts
for 34% of all spend and 36% of all
employment
The percentage increases are broadly in
line with the rest of the Tees Valley which
saw an overall increase of 6% in visitor
numbers to 19.76 million and a 5% increase
in spend to £923.41m.
Councillor Carl Quartermain, Redcar and
Cleveland Council’s cabinet member for
culture, tourism and communications, said:
“A large part of our economy is dependent
on tourism so we’re thrilled to see it thriving.
But we aren’t resting on our laurels. There’s
always more we can do.”
CPI has been given £107m of
government funding to help develop
Tees technologies.
British Steel secures major
African mining contract
Award-winning civil
engineers celebrate
second year
Rapidly-expanding Tees engineering
company Lynas Engineers is celebrating
a second, hugely successful year
in business with a record number
of contract wins, a doubling of both
turnover and staff and a move to new
offices – the third move in the history of
the company.
From an impressive turnover of
£180,000 in its first year of business,
the Redcar-based business is on target
to turnover in excess of £400,000 in its
second year with more projects lined
up that could well take the company
beyond these financial projections.
British Steel has secured a new contract
to supply South African steel manufacturer
Robor with its premium tophat shaft
guides – hoisting systems used in
underground mining operations to guide
cages and skips in vertical mine shafts.
British Steel’s special profiles are
used in underground and surface mining
operations, with its profiles being used
in mine infrastructure and a vast array of
mining machinery and vehicles.
The steel for the profiles is made at the
company’s headquarters in Scunthorpe
before being rolled at its Special Profiles
Mill at Skinningrove on Teesside.
PORT DEAL GETS SIRIUS £9.8M TO FUEL
METALS PROJECT
Sirius Minerals has agreed a multi-
million pound contract for the
construction of the company’s port
handling facility at Teesside with
McLaughlin and Harvey.
McLaughlin and Harvey will build
storage facilities for approximately
250,000 tonnes of product, ship
loading equipment, and a product
screening facility, beside the Redcar
Bulk Terminal.
The port facilities will receive the
company’s polyhalite fertilizer after it has
been transported from the Woodsmith Tees Valley Combined Authority Cabinet has
signed off a multi-million pound investment
which will bring a revolutionary metals
project to Redcar.
The £4.6m investment will allow Liberty
Powder Metals, owned by Liberty House,
to develop and manufacture speciality alloy
metal powders for uses such as 3D printing
car parts.
The overall cost of the scheme is £9.83m,
with almost £4m coming from Liberty
and the CASCADE project, a research and
development initiative funded by the UK
Government and led by Liberty.
mine site via the 23-mile underground
mineral transport system and processed into
the finished product, POLY4, at the Wilton
Materials Handling Facility.