Follow us at  twitter
JDR Cable Systems announces plans Northumberland based manufacturing facilityJDR Cable Systems (JDR), part of the TFK Group, has announced its plans to open a subsea cable manufacturing facility in Cambois, near Blyth, Northumberland, UK.
JDR has confirmed its intention to go ahead with the project, subject to final agreements, with construction expected to begin in 2022 ahead of a 2024 opening, creating 170 local jobs on completion. The 69,000 sqm facility will occupy the site of the former coal-fired power station. The initial project investment is estimated at £130m, which will be part funded by a grant from the BEIS Offshore Wind Manufacturing Investment Support (OWMIS) scheme. JDR and TFK plans to raise the remaining funding with support expected from financial institutions and UK Export Finance. The new facility is the first stage of JDR’s plans to expand its product portfolio to support the growing global renewable energy market, adding high voltage export and long length array cables to its existing capacity and product capabilities.
Joomla SEF URLs by Artio