Bridon International’s new manufacturing unit, which will produce multi-strand ropes for the mining industry, is expected to be operational by the end of 2012.
The company has invested at total of £30m in the establishment of the new factory unit in Tyneside, UK.
The UK Government has confirmed that a grant from the Regional Growth Fund will fund the project.
UK Deputy Prime Minister Nick Clegg said that Bridon’s new unit will be a valuable asset in strengthening the local and regional economy.
"We’ll be proud to see the facility furthering the region’s reputation as a global manufacturing base," Clegg said.
Bridon Group CEO Jon Templeman said that the state-of-the-art facility will produce ropes.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData"Bridon Neptune Quay has been built to help us solve our customers’ most significant technological challenges – whether it is lifting unprecedented loads in ever-deeper mines in South Africa or operating in some of the most challenging environmental conditions on earth," said Templeman.
The company’s factory has been equipped with a unique closer machine, which has 24 bobbins with a 15t and 38t capacity.
The closer machine draws together thousands of wire strands into a single rope to create a 600t rope in a single pass.
The machine avoids the need for multiple passes, enabling production of longer and higher capacity ropes in a single piece, and is the first of its kind.
Bridon’s deepwater portside location will enable it to offer loading solutions to reduce delivery timescales and order lead times for customers.