Redcar-headquartered automotive parts manufacturer ElringKlinger (GB) is to create a number of jobs after investing £250,000 in an expansion project.
The company has spent the money on installing machinery in its tool room, which will allow it to increase efficiency by being able to provide a full in-house repair facility.
Over the coming year, ElringKlinger will make a further £250,000 investment as it seeks to increase its scope of work and reduce its use of subcontractors. It is also hoping to add to its 300-strong workforce by recruiting a number of skilled tool makers.
Managing director Ian Malcolm said: “We have invested strongly in new equipment over the last five years and the expansion of the tool room facilities is further evidence of this.
“The North East is home to a highly skilled employee base and we are looking for experienced, time-served tool makers to join our team. However, our employees are also given the relevant training to deliver on high customer expectations so that we can continue to meet the demands of the automotive industry.”
ElringKlinger is experiencing a period of growth which led to product sales totalling £21m in 2016, with this figure on course to increase by 50 per cent in 2017 thanks to contract wins with the likes of Jaguar Land Rover and Ford.