Dyer Engineering

Type
Business expansion
Country
United Kingdom
Region
North East (England); Northumberland, Durham and Tyne & Wear; Durham
Location of affected unit(s)
Stanley
Sector
Manufacturing
(24 - 25) Manufacture of metals
24.1 - Manufacture of basic iron and steel and of ferro-alloys
24.1 - Manufacture of basic iron and steel and of ferro-alloys
100 jobs
Number of planned job creations
Job creation
Announcement Date
16 January 2019
Employment effect (start)
Foreseen end date

Description

Dyer Engineering, based in Stanley, County Durham, has announced plans to create 100 new jobs following an investment of nearly two million GBP (€2.2 million). The money has been raised from private sources as well as regional development money from the North East Development Fund and the Finance Durham Fund. The business manufactures metal components for use in various sectors and operates over two sites. There is no precise indication of when the new jobs are expected to be added, though the reports suggest that the investment is part of a long term development of the business.

Sources

Citation

Eurofound (2019), Dyer Engineering, Business expansion in United Kingdom, factsheet number 96669, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/96669.