Ebac Group, a County Durham-based company, is using the money to become the only manufacturer of washing machines in the country - a move that will create 200 jobs.
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The woman found dead following an alleged murder in Redcar has been named as 66-year-old Barbara Davison.
The number of students achieving top A-levels grades has fallen in the North East.
It's likely to be a buyers' market in the clearing process this summer, due to a drop in the number of 18-year-olds applying for university.