The construction of Hitachi's new train-building factory in County Durham has created more jobs that first expected.
Up to 400 workers a day have been employed on-site, rather than the anticipated 200. Most of them are from the North East. The factory, in Newton Aycliffe, is expected to open next year.
Executives of Hitachi Rail Europe hailed the 'significant progress' in the construction of its train building factory in County Durham.Read the full story ›
Hitachi is celebrating a milestone in the building of its rail vehicle manufacturing plant at Newton Aycliffe in County Durham.
The facility is expected to be finished in a year's time.
Today's (May 29) ceremony marked the erection of a steel frame on the site.
The plant will service as Hitachi's main European facility for train manufacturing and assembly.
The company chose the Newton Aycliffe site out of 42 contenders because of its transport links and skills in the local workforce.
Hitachi says it represents an £82 million investment in the region.
Almost 500 new train carriages will be built by Hitachi at its new factory in Newton Aycliffe, creating 730 jobs.
The Class 800 trains will start running on the East Coast line in 2018. The Department for Transport announced funding of £2.7 billion for the project.
Hitachi has moved its global rail headquarters to London, after securing a £1bn contract to build trains in the North East.
The Business Secretary Vince Cable said today it was a 'vote of confidence' in the UK and the North East.
Business secretary Vince Cable says Hitachi moving its global headquarters from Japan to London is great news for the North East, where the company's train building factory will be based.
The rail firm Hitachi has moved its global headquarters from Tokyo to London, after winning a £1.2bn contract to build trains at its new factory in Newton Aycliffe in County Durham.
The Business Secretary, Vince Cable, said: "This move demonstrates a huge vote of confidence in Britain, its workers and its rail industry from one of Japan's biggest businesses. It follows the company's announcement last year of 750 new jobs at their factory in Newton Aycliffe."
The new purpose-built factory in Newton Aycliffe is expected to be operational from 2015 with full production starting in 2016.
A total of 270 carriages will be manufactured at the new plant, enhancing the factory's ability to win lucrative rail contracts across Europe.
Hitachi's train factory in Newton Aycliffe has lost out on a £1billion contract to supply Europe’s largest construction project. The company has been told Bombardier has won the deal to make trains for the new Crossrail commuter line being built across London.
It's disappointing to the Japanese firm whose £82million Newton Aycliffe plant opens in 2016.
Construction is beginning on an £82 million factory in County Durham. The Hitachi plant will create hundreds of permanent jobs -and hundreds more in contract work.
Once the site in Newton Aycliffe is ready, Hitachi says it will bid for the contract to build trains for the HS2 scheme - if it goes ahead. The high speed railway would link London to the north of England.
Watch out for some flash photography in Frances Read's report.
Vince Cable MP, Business Secretary.