Redcar and Cleveland is the ‘engine room’ of the Tees Valley and has always been proud of its industrial role, performance and contribution to the UK economy. This is a place that has always invented things, made things and sent its products around the world especially steel that has been used in many significant buildings and bridges.
The Wilton International site in Redcar is one of the UK’s most important locations for process manufacturing. It provides low cost, low carbon, secure supplies of power which are a main attraction for rapidly growing energy intensive industries such as biofuels, green energy and plastics recycling operations.
Nearby is the Teesworks site which is the UK’s largest and most connected industrial zone, ome to diverse, sustainable and low-carbon activity. Also Teesport, one of the UK’s busiest and fastest growing ports.
Firms relocating to the area benefit from the strengths and shared economic ambition of the Tees Valley Combined Authority. Whilst there is incredible inventiveness and innovation across the area, the real opportunity is the potential for so much more. The universities of the region can play a significant role in driving business start-ups and in creating the skill base to power this growing and changing economy.