A £130m factory making cables for offshore wind farms is to be built on the Northumberland coast, creating 170 new jobs and safeguarding another 270 in the region.
JDR Cable Systems, which already has sites in the North East at Newcastle and Hartlepool, wants to build the plant at Cambois, near Blyth, after receiving a grant to cover some of the construction costs from the Government’s Offshore Wind Manufacturing Investment Support scheme.
JDR and its parent company, the TFK Group, hope to raise the rest of the funding for the project from financial instutions and the Government’s UK Export Finance scheme.
When complete, it will be the only facility in the UK capable of producing high voltage subsea cables for offshore wind farms from start to finish, supporting the growing – and increasingly lucrative – renewable energy market.