Hundreds of jobs are expected to be created on Teesside following the takeover of Quorn Food.
Filipino company Monde Nissin have bought the company for £550m and have pledged to invest in quorn production at the factory in Billingham.
Last year 400 jobs were created when Quorn Foods invested £30m to increase production on Teesside.
The company, which has around 620 employees on three UK sites and internationally, will continue to operate from Stokesley, North Yorkshire.
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A 19-year-old man has been arrested on suspicion of sexual assault and on suspicion of theft and he has been released on bail pending further enquiries.
Police are appealing for information after a 20 year-old woman was sexually assaulted in Billingham town centre.
It happened around 4.45pm on Saturday (August 1) when the victim was heading to her car in the car park of the Forum gym. A man on a bike indecently assaulted her before riding off.
The suspect is described as white, 40-50 years-old, of slim build, balding and wearing a white baseball cap.
He was dressed in a black tracksuit with white stripes down the arms and legs, thought to be Adidas.
He was also wearing electric blue sunglasses.
The man fled across the road, along the cut at the side of The Causeway and Ravensworth Road next to the primary school.
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A man brandishing a kitchen knife has stolen thousands of pounds from a pub in Billingham.
A member of staff at The Kings Arms Public House was cashing up at around midnight on July 4, when he was was pulled to the floor by an intruder and threatened with the knife.
The suspect is described as a white male with a fair complexion, a mousey/ginger beard, around 6ft tall and of stocky build. He was reportedly wearing a grey hooded top, black jeans, white trainers and black gloves.
Anyone witnesses or anyone with information is asked to contact DC Dave Medd at Stockton Volume Crime Team on the non-emergency number 101.
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Three cars on Teesside have been stolen after being left unattended with their engines running to de-ice them.
The first car was taken just after 7.00am in Eaglescliffe. Another was taken half an hour later in Stockton and then just before 10.00am a third was stolen in Billingham. It's understood the drivers are unlikely to be covered by their insurance and police are advising people to take care.
The former Billingham House site on Belasis Avenue may be brought back into use after being bought by FUJIFILM Diosynth Biotechnologies.
Billingham House was once the biggest office block on Teesside but after closing in the mid 1990s it fell into disrepair and became a target for vandals and arsonists.
The Council planned to press ahead with pulling it down, but Bizzy B (the company who owned the building) took the battle to London’s Court of Appeal arguing it had viable revamp plans for the building. The Court of Appeal ruling in May 2012 cleared the way for dismantling to begin.
Now, Stockton Council’s Leader, Councillor Bob Cook, has said they are delighted with the news and hope that the purchase of the site will represent "the beginning of a new chapter in its life".
This is really encouraging news – we are very pleased the site has been bought by a local company and look forward to hearing more about Fujifilm’s ambitions for it.
Local residents and businesses had to endure the eyesore that was Billingham House for several years and this was compounded by the fact the owners of the site did absolutely nothing to prevent it from falling into dereliction.
We were determined to put their misery to an end and we did, but of course once a building is demolished you naturally start to think about how that site might be used in the future.