Humber Marine Energy Park to create more than 700 jobs.
More than 700 jobs are to be created following investment in two sites manufacturing offshore wind farm equipment, the government has said.
A South Korean company will create 750 new jobs in North Lincolnshire by building a £117m factory to make supports for turbines.
In Newcastle, a site in Wallsend will see a £70m investment safeguarding 325 jobs and creating some more.
The funding has come from government grants and private sector investment.
Rob Waltham, Conservative leader of North Lincolnshire Council, said the new factory showed the government’s confidence in the region.
“This is a globally significant investment which will be instrumental in creating well-paid, highly skilled, sustainable jobs,” he said.
The Lincolnshire site will be built at the Able Marine Energy Park in North Killingholme on the Humber estuary.
The elected mayor of North Tyneside, Norma Redfearn, said the investment in the Smulders Projects site on the banks of the Tyne would “breathe new life into the river”.
“I am delighted to hear about this significant investment in the borough, which will create and protect jobs and have benefits for the wider region,” she said.
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