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.
More top news
On a tour of the North East today, the Chancellor George Osborne made a series of promises which he claimed would help create 50,000 jobs.
Hundreds of people are expected to take part in two separate demonstrations in Newcastle tomorrow.
Teesside car parts manufacturer Nifco has announced a new £50 million deal with US car giant Ford.