AN engineering firm says it is pushing on with job plans after securing an £11m contract.
Wilton Engineering Services will make and deliver parts for the UK’s largest offshore wind farm.
According to the terms of its latest announcement, Wilton, based at Port Clarence, near Middlesbrough, will supply 20 transition pieces for Hornsea One.
Transition pieces sit upon turbine monopiles and include platforms, boat landing areas and cable housing.
Bill Scott, Wilton managing director, said the company, which employs 91 staff, wants to take on another 60 workers over the next 12 months.
He added the contract has been supported by a performance bond loan from the Tees Valley Catalyst Fund, which is managed by FW Capital.
He said: “We are extremely pleased to secure capital bonding through FW Capital, which allows the company to take on further international business in the offshore wind industry.”
Paul Booth, chairman of the Tees Valley Local Enterprise Partnership regeneration body, said he was delighted to see Wilton benefit from the Tees Valley Catalyst Fund.
He added: “Many established and ambitious businesses have the technical expertise to bid for large new contracts, but having to provide substantial financial guarantees can hinder that process.
“We set up the Tees Valley Catalyst Fund, under the management of FW Capital, to overcome that obstruction.”
Dong says Hornsea, based off the East Yorkshire coast, will provide electricity for more than one million homes.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here