A world of opportunity - Tees Valley Mayor · 29491 Mipim Brochure AW 19/10/2015 15:49 Page 2. ... geographic location and the support services within the region. This has created

Tees Valley

A world of opportunity

29491 Mipim Brochure AW 19/10/2015 15:49 Page 1

Tees Valley has a world-class reputation for deliveringlarge-scale projects across key sectors, such asOffshore, Oil and Gas, Advanced Manufacturing,Engineering, Chemicals and Processing, Automotiveand Aerospace, Logistics, Renewables and Digital.

Tees Valley is a world renowned industrial centre with anestablished history and expertise within our key sectors.This gives us a competitive advantage over many otherareas and has helped attract over £1.3 billion of capitalinvestment since 2011.

Tees Valley’s main advantage over other UK and globallocations is its low operating costs. Tees Valley isundoubtedly a cost-competitive location, with rents andrates around half of most major cities, and a quarter ofthose in London. This, combined with competitive wagerates, and financial incentives available on sites andpremises, make it a great location for new investment or expansion.

Tees Valley has a first class infrastructure, and manycompanies have already chosen to locate in the area.Major global players such as SABIC, BP, Huntsman,ConocoPhillips, Amec Foster Wheeler, JacobsEngineering and Mitsubishi already operate from siteswithin Tees Valley. From world-class OEM’s to leadingtier-one suppliers, there are hundreds of businesses

already taking advantage of what is on offer in Tees Valley. There are excellent road, rail, air andsea connections, which include a deep-water port,international airport, extensive passenger and freight rail network and some of the least congested roads in the country.

The area’s long heritage and industry expertise meansthat there is a ready-skilled, affordable workforceavailable to businesses looking to invest in Tees Valley. It is one of the most loyal and dedicated workforces, withstaff turnover rates one of the lowest in the country. Tees Valley is also one of the most fertile places fordeveloping talent, with the ever-expanding TeessideUniversity home to 20,000 students, a large proportion of which study manufacturing and engineering courses.

One thing that really makes Tees Valley stand out as aforward-thinking business location is the way the arealooks after its businesses. Tees Valley Unlimited (TVU)have a Business Investment team with a strong trackrecord of attracting investment into the area and are on hand to offer the best possible support and advice to help potential inward investors locate to an area withimmense possibilities. TVU work alongside local andnational organisations to ensure that our businesses are given the opportunities to grow to the next level.

Invest in Tees Valley

Tees Valley A world of opportunity2

Tees Valley


3Tees Valley A world of opportunity

Rail manufacturing returns to its birth place

Hitachi Rail are bringing rail manufacturing back tothe North East with a new £82 million Rail VehicleManufacturing Facility recently opened in NewtonAycliffe. The facility is where the Government’s newInterCity Express (IEP) trains for the East CoastMain Line and Great Western Main Line, and AT200

commuter trains for Scotland, will bemanufactured. This massive investment shows a confidence in the area and in the strength of itsgrowing economy. Investment of this kind will havea huge impact locally bringing with it a wealth ofopportunity for the supply chain.

n Total of £1.346 billion capital expenditure in Tees Valley since 2011 (that’s £6.5 million a week!)

n £174 million of investment secured through schemes like the Local Growth Fund, which will deliver projects across the area up until 2021

n Investment of £764 million in Enterprise Zone projects since 2011

n Over 8,000 jobs secured since 2011


Oil and Gas


Who’s Here?

n Hereema

n ConocoPhillips

n Tracerco

n Amec Foster Wheeler

n Darchem Engineering

Tees Valley is a key centre for the oil and gas sector inNorth East England, which has produced more than 70per cent of the oil platforms and heavy engineering forthe North Sea.

Tees Valley’s deep water ports make it ideally located forservicing the North Sea and offshore industries. The areacan offer expert offshore fabrication facilities and primeland availability and is also home to the world’s largestcluster of subsea cabling and trenching companies.

Tees Valley boasts one of the world’s greatestconcentrations of companies operating in the offshore oil and gas, subsea, decommissioning and offshore wind sectors.

With one of the most complete and integrated supplychains anywhere in the UK, support for businesses isalready on hand, making Tees Valley the perfect place to invest.

OIL AND GAS FABRICATIONWith its long history of offshore engineering, Tees Valleyhas many expert fabrication companies in the offshoresector, providing a full supply chain solution fromconception to delivery (including operations andmaintenance, skills and training).

SUBSEAThe UK’s major sub-sea service providers are all resident in Tees Valley, which they chose for its primegeographic location and the support services within theregion. This has created a hub of expertise operatingglobally in the renewables, oil and gas andtelecommunication sectors, including sub-sea ROV (remotely operated vehicles); cable-laying and cable-trenching capability

DECOMMISSIONINGTees Valley has many advantages to offer the offshoredecommissioning sector. With more than 500m ofavailable quay side, and depths ranging from 9-11m, we can offer an “oven-ready” solution to the offshoreindustry.

OFFSHORE WINDOffshore wind presents a wide range of excitingopportunities in the Tees Valley, with real potential forgrowth. The region already boasts a potential supplychain of more than 400 companies, employing over20,000 people and there are 160 Tees Valley firms alreadydirectly involved, or actively interested, in the sector.


Advanced Manufacturing and Engineering


Who’s Here?

n Cleveland Bridge

n Amec Foster Wheeler

n Cordell Group

n Hertel

n MTE Ltd

Tees Valley is at the forefront of engineering andmanufacturing developments thanks to its rich heritageand tradition in this sector. With several hundred yearsof manufacturing and engineering excellence, thefoundations are laid for a successful and thrivingindustry.

Tees Valley is home to a large, successful cluster ofadvanced manufacturing and engineering businessesoperating across all industries, from aerospace andautomotive to renewable energy and chemicals. Thestrength of manufacturing in Tees Valley is due to theprocess, offshore and energy sector, which form theheavy industrial economic base of the area.

Support groups like Teesside Engineering Network are on hand to help champion engineering companies in the area. They provide a forum for engineering andmanufacturing companies to learn about local projects,meet with other businesses in the supply chain andpresent opportunities for face to face networking.

Shaping the WorldTees Valley companies helped build Canary Wharfand Wembley’s famous arch. From the Hong KongConvention Centre, to the New World TradeCentre in New York, Tees Valley companies havebeen involved in shaping our world.


Chemicals and Processing


Industries such as chemicals, biofuels and oil-refiningare at the centre of the industrial heartland of Tees Valley.

Tees Valley is home to the largest integrated chemicalcomplex in the UK, and the second largest in WesternEurope in terms of manufacturing capacity.

All types of chemicals are represented, from petroleumprocessing and hydrocarbon separations activitiesthrough to petrochemical manufacture and fine andspecialty chemicals to pharmaceutical intermediates and actives.

Our chemical industry is concentrated across a relatively small geographical area, and as such enjoys a well-developed infrastructure. The three main sites of Wilton International, Billingham and Seal Sands/North Tees run approximately 12 miles east to west either side of the River Tees and are home to some major international companies, such asHuntsman, INEOS, SABIC, GrowHow and Sembcorp.

More than 1,400 companies are directly involved in thechemicals and process industry and its supply chain inTees Valley, the sector exports £12 billion of product and

contributes £2.2 billion a year to gross value added to the area.

Who’s Here?

n SABIC

n INEOS

n Growhow

n Johnson Matthey

n Huntsman

n Tees Valley is home to 58% of the UK’s chemical industry

n North East England process industries contribute £26 billion to the UK economy


Automotive and Aerospace


Many major automotive players have already chosenTees Valley and the wider North East to locate theirbusiness. From passenger car manufacturers to heavyoff-road vehicles, the area is host to a number ofworld-class OEMs and tier-one suppliers. With some ofthe most efficient production facilities in the world, theNorth East has proven that it has the skills, assets andpublic sector support to continue growth of TeesValley’s automotive industry.

Tees Valley is home to some of the best and mostproductive automotive facilities in the UK. The area isinnovative and forward thinking, helping it to maintain its position at the leading edge of developments inthis sector.

Recent successes include:

July 2015

Cummins’ Low emission bus engine production switches from China back to Darlington

June 2015

Nifco’s announces plans for a 3rd factory, boosting staff numbers to 800

Sept 2014

ElringKlinger opens new £10 million facility

April 2014

Nifco opens new £12 million manufacturing facility and powertrain R&D centre

Tees Valley has a vibrant aerospace and defence supplychain, which includes innovative companies deliveringservices from aircraft recycling, overhaul and repairthrough to manufacturing insulation systems forleading OEMs and providing internationally-renownedfire training.

Durham Tees Valley Airport (DTVA) is part of PeelAirports, which also owns Robin Hood Airport DoncasterSheffield, and is at the heart of the Aerospace industry in Tees Valley.

Business and general aviation are core activities at DTVA and include the Serco International Fire TrainingCentre, Cobham Plc (flight training and services) andSycamore Aviation (aircraft dismantling, recycling andmaintenance). The DTVA Master Plan presents a visionfor re-positioning the airport, and looks to secureadditional investment to continue to establish a vibrantspecialist airport. A key feature is the 2291 x 45mrunway, which can accept aircraft of any size.

Who’s Here?

n Cummins

n Nifco

n Esterline

n Serco

n Cobham


Creative and Digital DigitalCity Business is the business driver for TeesValley’s digital sector. It is fast becoming the mostvibrant digital hub in the UK - a successful andself-sustaining digital media, digital technology and creative super cluster developing a worldwidereputation for creativity, imagination andinspirational vision.

Led by the Institute of Digital Innovation at TeessideUniversity and DigitalCity Business in the Boho Zone inMiddlesbrough, a thorough package of all-encompassingsupport is available to turn ideas into business and make Tees Valley the first choice location for the digital industry.

Industry professionals with significant worldwideexperience can support the start of a business, thegrowth of a business and the development of skillsneeded to shape the digital future.

DigitalCity Business is based at Boho One, the flagshipbuilding of Middlesbrough’s new exciting Boho Zone; thedigital, creative and business hub of the Tees Valley andis dedicated to offering world class professional supportto digital and creative businesses from across the NorthEast region.


Who’s Here?

n Capita Total Document Solutions

n Onyx Group

n Scoot

n Respondez

n Visualsoft

Stockton based eCommerce agency, Visualsoftdemonstrate the strength of the digital industry inthe area as they continue to thrive. Staffing levelshave grown from 20 to more than 200 in just sixyears and further expansion is expected, withoffices in Edinburgh, Manchester, Leeds andBirmingham planned. They were named TeessideCompany of the Year at the North East BusinessAwards, and with new headquarters “VisualsoftHouse” in Stockton, the company is on target tobeat turnover of £8 million for the year.

Boho One


With fast flowing roads, excellent rail connections,three international airports on the doorstep and one of the UK’s largest ports, Tees Valley is easy to get toand around, making it the ideal location for logisticsbusinesses.

The area is home to a first class logistics infrastructureand there are currently over 17,000 people directlyemployed across more than 250 logistics companies,making it one of the fastest growing industries in Tees Valley.

Tees Valley has many advantages for logistics companieslooking to locate here. By tapping into our unique deepsea and short sea capabilities a whole range of newoptions will open up. Teesport, operated by PD Ports, isthe third largest port in the UK and each year handlesaround 450,000 TEU of container traffic, a figure that hasgrown rapidly over the past seven years. Recent portstatistics show that Teesport is the largest exporting portin the UK with growth of 15% on last year, showing aconfidence in the area by some of the major logisticsoperators.

Companies using portcentric logistics bring directbenefits to their supply chain by eliminating road milesfrom southern ports to distribution centres based in thenorth, not to mention the environmental impact byreduced road travel.

Logistics


Supermarket giants Asda and Tesco are alreadytaking advantage of what’s on offer here as bothoperate from distribution centres on the Teesportestate. Tesco’s 1.2 million sq ft warehouse is oneof the largest distribution centres in Europe, andTeesport was the only port that could meet theirrequirements for a distribution centre of this size.

Who’s Here?

n PD Ports

n A V Dawson

n Peel Group

n Clipper Logistics

n Prestons of Potto

n Stillers

Teesport


Renewables


Tees Valley is leading developments in the renewablesector. It boasts a growing cluster of biomass, biofuel,bioethanol and energy from waste plants. It also hasplans to develop Europe’s first Carbon Capture andStorage (CCS) equipped industrial zone.

OFFSHORE WINDThere is an increasing demand to build renewable energyassets, in particular offshore wind, and Tees Valley hasbeen awarded UK Government CORE status as a Centrefor Offshore Renewable Engineering. This is inrecognition of the area’s existing port infrastructure,available skills and supply chain and will enable rapidgrowth in the offshore wind sector.

The region benefits from good access to supply chainsand from 16.5GWE of wind farm development within easyreach of port sites. Its main advantage over rivallocations is its proximity to the northern North Sea andthe Dogger Bank wind farm, which experiences higherthan average wind speeds than anywhere else in Europe.

ENERGY FROM WASTEWith over £410 million of private investment in the last 18months alone, the Tees Valley energy sector continues tothrive and grow. Tees Valley Unlimited’s Low CarbonAction Plan supports the energy sector by continuallydeveloping initiatives, making the area a leader inbiofuels and low-carbon technology.

KEY DEVELOPMENTSSITA and Sembcorp UK are developing a new energyfrom waste facility at the Wilton International complex.The contract is worth £1.8bn over 30 years and will divert400,000 tonnes of non-hazardous office and householdwaste a year from landfill.

Air Products are building 2 new 49MW power facilities on industrial land near Billingham. Using advancedgasification technology the new facilities will providerenewable electricity for up to 100,000 homes.

n Air Products

n EDF Energy Renewables

n SITA Sembcorp

n Offshore Structures (Britain)

n JDR Cables

CARBON CAPTURE AND STORAGE

Led by Teesside Collective, a cluster of leadingindustries, Carbon Capture and Storage (CCS) is aground-breaking initiative with a vision toestablish Tees Valley as the go-to location forfuture clean industrial development by creatingEurope’s first CCS equipped industrial zone.

CCS is a proven technology that can capture,transport and permanently store up to 90% of theCO2 emissions produced by industrial facilities,preventing them from entering the atmosphere.

Teesside Collective has a viable end-to-end planthat encompasses the capture of CO2 from acluster of energy intensive anchor companies, aswell as the transportation and permanent storageunder the North Sea. It is envisaged that otherindustries already in Tees Valley would also beable to plug in to the network, as would newplants attracted to the area by the infrastructure.This represents a significant step forward inachieving a low-carbon industrial cluster in TeesValley as it will become one of only a few globallocations where companies can accessinfrastructure to significantly reduce their carbonemissions.

Who’s Here?


One major deciding factor of moving to Tees Valleyshould be the advantages involved of it being a cost-competitive place to invest. More than ever, companiesneed to focus on the cost-effectiveness of theirfacilities and Tees Valley has some of the lowestoperating costs in the UK.

Rents and rates are around half that of most major UKcities, and a quarter of those in Aberdeen, London andthe South East. Labour costs are also much lower thanthe national average. This, along with considerable

financial incentives on sites and premises and access to a range of funding and support, makes Tees Valley anattractive location compared to other regions.

Tees Valley has a low cost of all-round living, meaningcompanies are profitable and people have more time tospend enjoying what’s on offer in the area. In practicallyany comparison between Tees Valley and other UK cities,you’ll find that there are considerable cost savings to bemade here.

A cost-effective place to invest


Average office costs indicate that TeesValley provides the most affordablerents in the country, including forGrade A office space. This means thatover the next three years, taking a10,000 sq ft office in Tees Valley would,for example, save £420,000 over asimilar building in Guildford, £510,000over Edinburgh and £525,000 overManchester.

Source: BNP Paribus Real Estate. UK total office occupancy costs,January 2014

Overall, the weekly pay of full-timeTees Valley workers is 92% of the UKaverage. Whilst Tees Valley hassignificant strength in the IT, science,engineering and technology sectors,pay remains relatively low comparedwith all other parts of the country.

Source: ONS, ASHE, 2014


Tees Valley Enterprise Zone


South Bank Wharf, Redcar & Cleveland(80.7 hectares) South Bank Wharf is one of the primefreehold opportunities with deep water access in Europe.Perfect for a large offshore investment with quay access,the site already has 10.4m water depth with the ability todredge. The site is located next to Teesport, the UK’slargest exporting port, has 350m river frontage and isclose to the integrated chemical site at WiltonInternational.

Hartlepool Port Estates, Hartlepool(56.9 hectares) Part of the existing operating port inHartlepool and ideal for renewable energy or advancedengineering companies. Fully serviced with five quays, atotal length of 900m across three berths. The site isalready home to major international companies such asHeerema and JDR Cables.

New and Renewable Energy Park, Stockton-On-Tees(41.3 hectares) Part of the Seal Sands energy andchemicals hub the site was recently cleared and levelled.It has B2 planning designation permitting land to bedeveloped for potentially high hazard plant and energygeneration. US energy company Air Products havechosen this as a site to build two energy from wasteplants.

Wilton International, Redcar & Cleveland(164 hectares) Five development plots are available. The fully serviced chemical complex has existinginfrastructure including power, steam and water givingcompanies the opportunity to ‘plug and play’. The site isalso close to Wilton Centre R&D facility and has pipelinkages to the north of the River Tees, which also offersjetties and storage facilities.

There are a wide range of cost-effective sites and premises across the Tees Valley, with 12 Enterprise Zones and atotal of 423 hectares available for new business investment that offer financial incentives to companies choosing tolocate here, as well as simplified planning and super-fast broadband.

The Enterprise Zone encompasses a wide range of sites including a number with existing units. The sites include both new and established business and enterprise parks, plus large cleared industrial sites with access to utilities, portservices and logistics.

All our Enterprise Zone sites offer excellent transport connections, with excellent road links to the A66, A19 and A1(M),main line railway stations offering passenger and freight services, an international airport on the doorstep and access to one of the UK’s largest deep water ports, Teesport.

Enhanced Capital Allowance Enterprise Zones:Four sites have Enhanced Capital Allowances. Companies locating on these sites can apply to receive first yearcapital allowance at 100% on qualifying plant and machinery to a maximum of £100 million to offset againstcorporation tax when the investment is made before March 2020. Tees Valley is one of only a small number of areas across the country that can offer large-scale occupiers enhanced capital allowances.

Hartlepool Port Estates New and Renewable Energy Park



Business Rate Relief Enterprise Zones:

Companies locating to one of the eight Enterprise Zones offering business rate relief may qualify for up to £55,000a year of rate relief over 5 years, totaling £275,000. These sites are ideal for small and medium sized businesseswhich form the supply chain of the area’s heavy industry such as petrochemicals, renewable energy and advancedengineering, or which are part of the area’s emerging and fast growing digital sector.

National Biologics Manufacturing Centre Fusion Hive

Queens Meadow Business Park, Hartlepool(13.6 hectares) Existing business park with offices andindustrial units. Located close to Hartlepool Port Estatesand ABLE Seaton Port.

Teesside Advanced Manufacturing Park (TAMP),Middlesbrough(11 hectares). Located next to the highly successfulRiverside Park Industrial Estate, TAMP offers theopportunity to be part of an already established cluster of businesses. The site will host an Offshore WindValidation Centre which will provide research intofabrication methods for offshore wind turbine towers andfoundations, plus validation services aimed at helpingmanufacturers prove their validity to prospectivefinanciers and insurers.

Kirkleatham Business Park, Redcar & Cleveland(12.6 hectares) Existing units next to the integratedchemical site Wilton International where a cluster ofchemical and process industry companies are based. The site has serviced land ready for development as wellas existing office and industrial buildings available forimmediate occupation.

Belasis Business Park, Stockton-On-Tees(8.5 hectares) An established business park with existingoffice units this site is perfect for companies in anysector looking to move or expand into the area.

Oakesway Industrial Estate, Hartlepool (12.7 hectares)Part of an existing industrial estate, the OakeswayEnterprise Zone site is situated close to Hartlepool Port Estates.

Northshore, Stockton-on-Tees(5.1 hectares) Part of the major regeneration scheme in the area, the site is linked to the highly successfulTeesdale Business Park via the new landmark InfinityBridge. The development includes offices, retail, leisurespace, hotels and housing and is located close to thecentre of Stockton and is also home to the new FusionHive development which opened in 2015.

Central Park, Darlington(9.3 hectares) Part of the regeneration scheme inDarlington, Central Park is home to Darlington Collegeand the new Teesside University Darlington campus. TheCentre for Process Innovation (CPI) opened the NationalBiologics Manufacturing Centre in 2015. The £38 millioncentre will support the growth of the UK biologicsindustry. Business Central also opened in 2015. Situatedin the heart of Darlington it offers office space toestablished and start-up businesses.

St Hilda’s, Middlesbrough(8.1 hectares) Situated next to the thriving digital clusterof Boho, the site is located close to the town centre ofMiddlesbrough, near both Teesside University andMiddlesbrough college.


The area is home to some of the most attractive villagesand market towns in the country, offering great living,vibrant high streets, excellent eateries and good oldfashioned pubs, all at affordable prices.

Average house prices in the North East are the lowest inthe UK, almost a fifth of that in London, and nearly halfthe national average. Accommodation on offer variesfrom executive homes, Victorian town houses and high-spec apartments to country cottages and seaside living.

There has been a huge amount of investment in the main towns across Tees Valley. Darlington, Stockton and Middlesbrough are all enjoying new look towncentres with a great choice of high street retailers, cafés, restaurants and bars whilst Hartlepool’s multi-million pound investment in Middleton Grangeshopping centre will transform the retail offer in the town centre. Redcar seafront has also benefitted from a significant investment programme.

Independent retail offer and café culture is furtherstrengthened by nearby Yarm High Street and thepicturesque market town of Guisborough. Voted “Best High Street in Britain” Yarm is home to boutiques,designer shops, cafés, bars and restaurants, whilstGuisborough, steeped in history, acts as a gateway tothe beautiful North Yorkshire Moors.

The beauty of the area is hard to resist, with rolling hills,miles of beach and acres of park life it is perfect for those wanting to explore the outdoors. Some of the mostspectacular scenery in the UK is right on the doorstep of Tees Valley, with Roseberry Topping providing breath-taking views across Tees Valley.

For thrill-seekers there are few more excitingexperiences than bungee jumping off the TransporterBridge, white-water rafting at the Tees Barrage ormountain biking through Guisborough Forest.

Live in Tees Valley


From spectacular countryside to stunning coastlines, impressive museums to exciting outdoors, the Tees Valley areaboasts a wealth of attractions making it the ideal place to work and live.

Saltburn Pier



At the edge of the conurbation lies the Victorian seasideresort of Saltburn, where you can enjoy making sandcastles on the beach and sampling some of the finestfish and chips around. And with an original Victorian clifflift offering access to the hilltop, anyone can enjoy theimpressive coastline vista.

Drive time to national treasures such as the Lake DistrictNational Park and Kielder Forest is around an hour andhalf making them perfect places to relax for a weekendbreak. Major cities such as Newcastle, Edinburgh, Leedsand Manchester can all be reached within 2 hours, andLondon is only 2 and half hours on the main line train.

Roseberry Topping

Redcar Sunset Fine Dining


Tees Valley UnlimitedCavendish HouseStockton-on-Tees

Tees ValleyTS17 6QY

Tel: 01642 524400Email: [email protected]

Web: www.teesvalleyunlimited.gov.uk

Photographs used are copyright © 2015 Tees Valley Unlimited, Dave CharnleyPhotographer and its licensors

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A world of opportunity - Tees Valley Mayor · 29491 Mipim Brochure AW 19/10/2015 15:49 Page 2. ... geographic location and the support services within the region. This has created