A major company has extended its presence on a borough business park.
Siemens has let 39,200sq ft of office space at Cobalt Park after securing a new five-year lease with park owners Highbridge Business Park Ltd.
The company has now taken the ground, first and second floor office accommodation at Cobalt Park, with Siemens recruiting more than 350 new people to support its Newcastle-based wind service.
Guy Marsden, of Highbridge ,said: “This is an important transaction, not just for Cobalt Park but also for the north east as Siemens has the option to expand into a further 13,000 sq ft within the building.”
Richard Luijendijk, managing director of Siemens Service Renewables UK&I, said: “We are delighted to celebrate the move of Siemens Renewables Service to Cobalt. It is very exciting for our employees in the wind service.”
“The state-of-the-art facility will be home to our new Customer Support Centre that will enable us to comprehensively service our customer needs.
“Together with our world class training facility at Shields Road, the new facility represents a significant investment in the region, the wind business and our employees.”
Coun Frank Lott, cabinet member responsible for economic development, said: “It’s a major coup for North Tyneside that Siemens has chosen to locate its Customer Support Centre at Cobalt bringing more jobs to the borough.
“North Tyneside Council is absolutely committed to supporting businesses and creating jobs.
“Companies know that the borough has so much to offer with its purpose-built offices, great transport links, excellent business team expertise and, of course, a highly skilled, reliable and loyal workforce.
“It’s very clear that North Tyneside is now the place to be for business.”