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.
More top news
Four people arrested in connection with a fatal fire in Houghton-le-Spring ave been released under investigation.
The starling murmurations have returned. Tens of thousands of birds take to the skies every sunset.
A 35-year-old woman has died following a fire in Middlesbrough.