Regional Growth Fund Case Studies Number 4: Bridon International Ltd
Explains how the regional growth fund (RGF) is helping Bridon International build a factory that will create 39 jobs and safeguard 150.
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Bridon International was awarded £2.2 million from the Regional Growth Fund (RGF) towards constructing a £30 million state-of-the-art facility at Neptune Quay in Newcastle which will produce the largest and most complex multi-strand ropes in the world.
The project will create 39 jobs and safeguard an additional 150. A further 75 jobs have been created in the short-term during the initial construction phase.
For further information on on the RGF, see Understanding the Regional Growth Fund.