Hundreds of Hartlepool jobs safe as cable firm announces £130m expansion deal
JDR Cable Systems, which supplies under sea cables for the offshore wind industry at its state-of-the-art site on the Headland, has announced the major investment in facilities that will develop and build components for next generation wind turbines.
The money has come from the Government’s £160 million Offshore Wind Manufacturing Investment Support scheme and private investment that will create and safeguard more than 440 jobs across the North East.
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Hide AdThe Government said in a statement: “Of those jobs, 270 will be protected at JDR Cable Systems’ existing factory in Hartlepool. ”
The investment will also finance a new factory employing 170 people in Cambois, near Blyth, in Northumberland, that will supply the Hartlepool site with state-of-the-art cable cores and high voltage underwater cabling.
Bosses say it will enable the UK to better compete with foreign manufacturers in the growing offshore wind industry on a global level.
Tomasz Nowak, chief executive officer at JDR, said: “As the energy transition gathers pace and the UK’s offshore wind sector continues to thrive, turbines are growing taller and farther from shore, calling for higher voltage subsea cables.
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Hide Ad“We’re delighted to build on our legacy as a leading provider of subsea cables to the offshore energy sector by investing in this new facility."
It brings the total amount of Government and private investment in the industry to £675 million this year.
Business and Energy Secretary Kwasi Kwarteng said: “The UK’s offshore wind sector is a major industrial success story, but we need to ensure local workers and manufacturers fully reap the economic benefits of this booming industry.
“This major investment is a perfect example of how our transition to a low carbon economy can attract new industries, create jobs, reduce our reliance on unreliable fossil fuels and generate export opportunities as we build back greener from the pandemic.”
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Hide AdMinister for Investment Gerry Grimstone added: “Just as the UK led the Industrial Revolution two centuries ago, we are now spearheading the Green Industrial Revolution and we are building a manufacturing base that reflects our position as a world leader in offshore wind technology.”